Thursday, October 26, 2006

Home prices plunge by most in 35 years (AP)

Carol Uyeno right and daugther Taylor Yamashita left 4 and Leslie Zeisler a realtor with Midtown Realty center walk down the staircase of a new home Uyeno hopes to buy in Palo Alto Calif. Thursday Oct. 26 2006. The median price of a new home plunged in September 2006 by the largest amount in more than 35 years even as the pace of sales rebounded for a second month. This house was listed at $2279000 and dropped in price in hopes of a sale. (AP Photo/Paul Sakuma)AP - The median price of a new home plunged in September by the largest amount in more than 35 years even as the pace of sales rebounded for a second month.


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