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Could fall bring another big price tumble?
Maybe, suggests a new report by Radar Logic, which argues the weak spring market may be a precursor to even deeper price declines this fall.
Home prices nationally fell nearly 6 percent in May - the most rapid decline since September, 2009. Overall, year-over year price declines have been accelerating since June 2010 in the wake of the expiration of the home buyer tax credit, according to Radar Logic.
Come fall, prices will hit a new "post-bust lows," Radar Logic predicts
On that cheery note, have a great weekend.
About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate
and business issues.
Rona Fischman is a buyer's agent who provides a look at the local housing scene, from basements to attics.
