Home Prices Tank Some More

open house sign remax - home prices
open house sign remax - home prices

Just when the long lines of holiday shoppers at the local mall left you thinking that the economy was maybe, just maybe, ready to come off life support, along comes the Standard & Poor's/Case-Shiller 20-city home price index showing that home prices dropped another 1.3% from September to October.

All 20 cities recorded price declines, something that hasn't happened since February 2009.

So, is it time to put our home-owning heads back in the oven? Nah.