Freddie Mac ... Home Values Decline … Largest in 25 Years

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Real Estate Broker/Owner with brokerforyou.com CA Lic#00706331

Freddie Mac announced recently that its Conventional Mortgage Home Price Index (CMHPI) Classic Series registered a 1.3 percent drop in U.S. home values during the third quarter of 2007 on an annualized basis, down from a revised second quarter 2007 annualized rate of 0.5 percent and the largest decline in 25 years. 

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housing bubble
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home value decline

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