The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: 10K a day who wrote (140854)	8/13/2008 11:59:19 AM
From: Jim McMannis	Read Replies (2) of 306849

Central Valley leads nation’s housing price collapse centralvalleybusinesstimes.com • Prices down 38 percent in a year • Nearly two-thirds of homes sell at a loss The Central Valley inland seaport city of Stockton is adrift in an ocean of red ink when it comes to home sales, according to a report from Zillow.com, a Seattle, Wash.-based online real estate information company. While U.S. home values dropped nearly 10 percent in the second quarter compared to the same period a year earlier, home values in Stockton plunged 38.2 percent.

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