Ok it is down 16 from the top, but the true loss would be measured from a 2000 baseline. It is probable down 50% if measured that way.
To: central_va
Funny thing, I don’t see a drop in my property tax.
2 posted on
09/30/2008 6:51:29 AM PDT by
itsthejourney
(Sarah-cuda IS the right reason)
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3 posted on
09/30/2008 6:52:25 AM PDT by
rabscuttle385
(No to bailouts, no to amnesty, no to carbon credits, no to Big Government!)
To: central_va
Good, it should drop. These homes have been GROSSLY over inflated!
5 posted on
09/30/2008 7:03:34 AM PDT by
NoGrayZone
(Michelle Obama...Queen of the Damned (courtesy of CougarGA7)
To: central_va
The Dow dropped by about 200,000 points yesterday, on an annual basis.
6 posted on
09/30/2008 7:05:00 AM PDT by
Fresh Wind
(Tom Manion USMC '08!!)
To: central_va
Somehow these opaque proprietary indexes from AP are a bit hard to take seriously. Here's the only home price index that I've found so far:
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