HOW LOW CAN THEY GO?

Authors :: Tully, Shawn
Burke, Doris
Demos, Telis
Schlosser, Julie
Tkaczyk, Christopher
Yang, Jia Lynn
Source :: Fortune; 11/12/2007, Vol. 156 Issue 10, p76-88, 8p, 13 Color Photographs, 1 Chart, 2 Graphs
Publication Year :: 2007
Abstract: The article discusses the U.S. housing slump in 2007 and projected values for homes by 2012. Data from Property & Portfolio Research and Economy.com allowed the magazine to calculate the ratio of home prices to rents, concluding home values should fall by an average of 28 percent, depending upon the regional market.