The average housing price as of 2007 is $239,377.
Given how much housing prices have fallen, the question is why more people aren't just walking away.
Everyone wants to send their kids to good schools, so the housing price will increase due to the demand.
Another sign of change is existing housing prices, which have doubled in the last four years.
Rising housing prices also make it hard for middle-class families to buy.
No action could be disastrous to our economy and existing housing prices on the Island.
Lower interest rates and the expectation of higher housing prices have also played a role.
As of the same year the median housing price is $50,400, a 15% increase from 2000's number.
Had housing prices dropped, I doubt he would have made up your loss.
The housing prices have doubled, and it's impossible to find a house here.