From Cleveland.com: Foreclosed homes depress prices throughout area.
The median home sale price in the city of Cleveland has dropped an astonishing 75 percent compared with the first six months of last year - from $62,000 to $15,500.
Guess it's all contained. Someone should send Paulson a memo.
Forty percent of single-family homes sold in Cleveland this year were purchased for less than $10,000.
Watch, out 1940's. Here we come!
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