Current Economy and Market Value

[Timothy Johnson]

As we all know the economic "crisis"/recession that we are in has greatly affected many areas of real estate by bringing down prices dramatically. My question is what % would you average prices of residential houses have dropped from ~2006 to today. Let me know what state you do business in as well as an estimated percent decline in residential house value. I am specifically interested in Massachusetts but any area will be helpful.

Thanks!

-Tim