Home prices are forecast to fall as much as 30% in 'the most severe housing recession' since 1945.

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Submitted by markzuber on December 6, 2007 - 1:00pm

"Housing markets from Punta Gorda, Fla., to Stockton, Calif., will crash and suffer price drops of more than 30% before the housing crisis is over, a report from Moody's Economy.com said today."

Interesting report.

http://articles.moneycentral.msn.com/Inv...

Submitted by kev374 on December 6, 2007 - 3:48pm.

good to know the media is finally catching up to the reality of the situation

Submitted by HereWeGo on December 6, 2007 - 4:06pm.

Here's a report that should be of concern to all burger-and-coke lovin oracles in Omaha:

Wells?