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Washington Archives: • October, 2008

Why do the Prices Fall?

By Website Introductions at 10/15/08 12:13

We already know that real estate prices are already going down so fast and so steeply that there were even reports of $1 home sales in Detroit.

Most especially in other states, such as Washington, do you have any idea what keeps the prices of properties in a certain neighborhood fall, while in some others, stable? There are various theories, and one of them is affordability.

Link: Affordability, not Inevitability, Is the Key

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Washington Tags: theories • affordability • credit crunch •
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Washington Archives: • October, 2008

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