I recently bought a home in Kansas City, Missouri. Several friends from other places in the country asked me if I got it cheap. I said no, as far as I could tell prices were at least stable around here. In fact, I had two houses sold out from under me (I was ready to make an offer when they were sold to someone else).
The chart on the linked title shows why. The real estate collapse is not national; it's regional.
Wednesday, May 27, 2009
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