Home Price Declines Accelerate, More Pain Ahead

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The faster they go down, the better. Find the bottom. Foreclose the 18% of all homes in the USA that are now "under water" (more owed on mortgage than current value). OR, IF YOU CAN'T POLITICALLY DO THAT, THEN GET ON WITH THE MEANS TO WRITE THOSE MORTGAGES DOWN. In any event, faster is better than this dragging on for years.

of 4:41PM November 25, 2008

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The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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