Home Price Drop Fails To Boost Bay Area Sales

Economists had predicted the housing market would continue sliding, but many were surprised that sales slowed so dramatically in September. Even so, the market will likely get worse before it will get better, experts predict. They recommend sellers drop prices and put homes on the market only if they need to sell now. Because the 10 percent price slide didn't boost the market, sellers need to drop prices further. Many economists said the problems in housing could last for another year, given record-high levels of unsold new and existing homes.

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