Sunday, September 17, 2006

Washington Post - "Valuation Gets Tough When Sales Slide" (9-16-06)

"In cooling real estate markets, it's one of the hottest questions: How do you value a specific piece of property when local home sales are down 20 percent to 40 percent from last year, inventories of unsold homes have ballooned by 200 percent or more, and all the trend lines are pointing negative?"

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