homes - worst price drop in 37 years

The prices have fallen and are still falling. We see no end in sight to this mortgage meltdown. The price of new houses has fallen in what is the worst drop in 37 years.

If you had know this fact, you could have sold your house in 2004, bought gold with the money and buy two houses in 2009, or better yet a house twice the size. I predicted a decline in the value of homes back in 2004. The debunkers laughed, now they claim that it was obvious. Well, tell that to the banks, many of which have multibillion dollar losses.