List Prices Drop in Big Cities

Here is a link to an article on REALTOR® Magazine.

http://www.realtor.org/RMODaily.nsf/pages/News2007103104?OpenDocument

In many cities across the United States prices are dropping. Really? Are they? I did not notice. Nor did I hear anything about this on the news. In reality it is hard to pick up a paper, read an online article, or watch the news without hearing about how homes are losing money. This article pinpoints some big cities and the percentage of listings that have lowered the listing price. Take a look and see.