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Why do the Prices Fall?

10/15/08 15:13

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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20081015-151311-Why-do-the-Prices-Fall theories 'Why do the Prices Fall?'