Nationwide the number one question is, when will home price bounce back? CNN, has a promising article;
(MONEY Magazine) -- It was with some trepidation that Stephanie Kim and her husband, Brendan, 40 and 42, put their Chicago townhouse on the market in June. While the place was in great shape, prices in their city were off 8% from 2010 -- and of the 30 similar homes in the area listed the previous year, only nine had sold.
And yet there was an offer on the house almost immediately; the sale closed two months later at just $15,000 under the $650,000 asking price. "We thought it would take a lot longer to sell," says Stephanie. Visit http://money.cnn.com/2011/09/15/real_estate/home_prices.moneymag/index.htm?iid=HP_River for more!