Are you impressed with a drop in home values of 6.1% over a year? It doesn’t seem like such a big correction, given the dramatic run-up in prices over the last decade or so. … And don’t declining prices make housing more… what’s the word? … affordable? … This evening NBC Nightly News billboarded a “housing CRISIS.” I thought a “housing crisis” was when people couldn’t find housing, not when it got cheaper. (NBC’s expert: “It’s very, very difficult to find any silver lining.” No it’s not.) …
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