It’s Official: Home Prices Have Double Dipped

NEWSMAX:  Home prices nationwide have double dipped, with prices plunging below their March 2009 bottom, the Clear Capital research firm reports.

The company’s monthly Home Data Index shows home prices double dipping 0.7 percent below the previous record low set in March 2009.

Sales of bank-owned (REO) properties hit 34.5 percent of the market, helping to send quarterly home prices down 4.9 percent and 5.0 percent when compared with March 2010…  (more)

Share