Housing Horror?

Home values in Novemeber have plummeted 18.2% in 20-city housing index while the 10-city housing dropped 19.1% making this the biggest drop in a 21 year history. Though values arent supposed to hit rock bottom until 2014, this will make a very difficult transition for ages such as 18-19 when we are ready to perchace a house when finally living on our own. Obama is making tax incentives to floor the housing market but is really providing less money for the bank to send loans and ultimately causing a chaotic cycle. House buyers sell wisely and take what you can get!