Disturbia in Suburbia – A Permanent Decline in Residential Property Values?

Residential Real Estate is in Decline (But is it Temporary?)

It is no secret that residential property values in numerous urban and suburban centers have substantially declined in recent months.  The accepted cause of such declines has been the collapse of the credit markets, overextended and under-employed homeowners, and the resulting loan defaults and foreclosures.   The optimistic real estate pundits confidently predict that once all of the bad loans are flushed through the system and written off the books of the large lenders, things will return to normal.  That makes sense. Read more