Everyone talks about house price averages. But how much actual wealth have American households lost in the real estate crash? (And what, if anything, does this mean for you and your money?)
The story on the indices is mixed. The Standard & Poor's Case-Shiller 20 City Composite is down about a third from its peak three years ago. Inevitably this generates a lot of the buzz. But Case-Shiller is weighted towards big cities, including Los Angeles, Las Vegas and Miami, where declines have been severe. Other sources believe more. . .
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