It depends upon what area you are speaking of. Of course the average home price in our county has gone down anywhere from 10-15% over the last 15 months. The problem with using an average decline or increase is that it does not apply to all areas. An example of the average is what the media uses when they say the average home price is down 10%. The problem with that is that we all live in different areas and each area is unique. Using a national average is like saying the average temerature in the US is 70 degrees., which we all know is useless. Each individual city and even down to a particular subdivision will have different results. Overall prices are sown...We all know that!

Dear William,
Click on market trends in the New Paltz area.
Katherine Ryan