Economy
by Charles Feldman
| October 27, 2006
Interesting news the other day out of the Commerce Department and reported in the New York Times about new-home prices: The median price (the statistical point where half the houses are priced less but half are priced more) of a new house nosedived 9.7 percent last month when compared with the same month one year [...]
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Housing
by Joshua Dorkin
| September 25, 2006
The National Association of Realtors today reported that the median home price in the US fell in August to $225,000 down 1.7% from August of 2005. This is the first time a year over year decline in median home prices has occured since April 1995.
According to The New York Times: “David Lereah, chief economist of [...]
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Joshua Dorkin
Charles Feldman
Ted Karsch.
