Morning Mortgage Meltdown: Prices Plummet: In an absolutely shocking development on...

Wednesday, Jul 29, 2009  |  Updated 7:15 AM PST
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In an absolutely shocking development on the Bay Area real estate front, local housing prices plunged 31.8 percent deeper into the depths hell in August: $447,000, on average, from $655,000 in August 2007, including a slight dip from July's numbers, too. Fabulous. [CBS5]

Posted Wednesday, Jul 29, 2009 - 7:02 AM PST
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