Interactive graphic: Looking for the bottom of the housing bust (Phillip Reese, Sacramento Bee)

Another good piece of writing by Phillip Reese of the Sacramento Bee.

Pro: Home prices are about to stop falling — Correction almost complete: At the end of the last bust, the median home in the region sold for, in today’s dollars, abut $180,000, according to First American Real Estate Solutions. By the end of last year, the median home price for the region had dropped to $208,000. It likely fell a few more percentage points since then, meaning that if the boom…

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