Monday, January 20, 2014

No hope, Big Change-----Housing bust hurt minority home values most

Housing bust hurt minority home values most | Detroit Free Press | freep.com:
"Hispanic communities were hit hardest, with home values in their neighborhoods falling an average of 46% from the height of the bubble to the bottom — generally from mid-2007 to the end of 2011.
Meanwhile, communities where blacks were the predominate group saw values drop 32.3% in the same period."

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