Tuesday, February 05, 2008

Average Price of US Home

What I thought in September here seems to be becoming a reality. People with no equity in their homes are walking away (Marketbeat). Average Home price in the US is the single most important variable that will determine the direction of US economy from here. Deflation is dangerous - whether in consumer prices or asset prices.

1 comment:

PENNY STOCK INVESTMENTS said...

Home prices will decline further.