Article: Bulletproof housing markets get hit
Posted: Mon May 19, 2008 8:36 amThe mortgage meltdown has finally gotten to Seattle, Charlotte and and other cities where prices had been holding up.
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Seattle recorded a loss of 6.5% from its July peak ,and Portland prices dropped about 5% during the same period. Salt Lake City saw a decline of about 7% in the fourth quarter of 2007, compared to the third quarter.
http://money.cnn.com/2008/05/01/real_es ... /index.htm
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Seattle recorded a loss of 6.5% from its July peak ,and Portland prices dropped about 5% during the same period. Salt Lake City saw a decline of about 7% in the fourth quarter of 2007, compared to the third quarter.
http://money.cnn.com/2008/05/01/real_es ... /index.htm