plunge

California home prices plummet 26 percent amid foreclosures (Madera Tribune)

SAN DIEGO - A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, spotlighting a trend that experts said is likely to keep squeezing the struggling market for at least several more months.

California home prices plummet 26 percent amid foreclosures (Madera Tribune)

SAN DIEGO - A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, spotlighting a trend that experts said is likely to keep squeezing the struggling market for at least several more months.

California home prices fall 26 percent amid foreclosures (AP via Yahoo! Finance)

A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom.

California home prices fall 26 percent amid foreclosures (AP via Yahoo! Finance)

A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom.

California home prices fall 26 percent amid foreclosures (AP via Yahoo! Finance)

A glut of foreclosed homes helped prompt a 26 percent plunge in California home prices in March, highlighting a trend that experts said is likely to continue as low, introductory interest rates expire for people who bought near the height of the housing boom.

Spot gold sets historic high above $1,000 mark

LONDON (Reuters) - Gold raced to an historic peak above $1,000 on Friday as the dollar's plunge to record lows on weak data and deepening financial market troubles in the United States boosted bullion's safe-haven appeal.

Apple results can't keep pace

Despite a record quarter, shares plunge on spending worries. Investors are spooked about consumer spending, and Tuesday they took it out on Apple Inc.

Wall St. sinks on economic worries, Merrill

NEW YORK (Reuters) - Stocks dropped sharply on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.

Some S.F. neighborhoods are solid despite meltdown (San Francisco Chronicle)

F rom the mortgage meltdown to the plunge in home sales, dark clouds continue to threaten San Francisco's seemingly endless real estate summer. And yet remarkably, local Realtors I know seem as cheery as ever. "It doesn't look slow to me," says Bonnie...

Home prices fall further than in 1990-91 recession

WASHINGTON - U.S. home prices have fallen further since mid-2006 than during the 1990-91 recession, and professional traders bet they'll plunge up to 10 percent more the next year.

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