Large Home Price Drops


	Large Home Price Drops

eve88

6-11-2008 10:10 AM

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tags:

real estate market, housing market

eve88 says:

*To view the full post, please visit:
http://www.brokerforyou.com/brokerforyou

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/76acccc3-10f4-4799-a283-c06dcbea348d/22162DCB-CCB0-4D3B-B575-5B19C870EFEE/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.brokerforyou.com/brokerforyou/?p=372" href="http://www.brokerforyou.com/brokerforyou/?p=372" style="font-size: 11px;">www.brokerforyou.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.brokerforyou.com/brokerforyou/?p=372"><P>Last week's report by the Office of Federal Housing Enterprise Oversight, which said home prices fell 3.1% in the first quarter, the largest drop in its 17-year history and only the second quarter of price declines recorded.</p> <P>The OFHEO index is narrower in scope and is calculated using mortgages of $417,000 or less that are bought or backed by Fannie Mae or Freddie Mac.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/22162DCB-CCB0-4D3B-B575-5B19C870EFEE/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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