Week 2 - Team A assignment - rough draft - conclusion added

Week 2 - Team A assignment - rough draft - conclusion added...

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Week Two Final Draft 1 Week Two Final Draft Sadaf Asghar, Ron Green, Tameka Tanner, Fausto Trejo, Salvador Velasquez Nov.02, 2009 RES342/University of Phoenix Instructor: Dr. Lee Heinz
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Week Two Final Draft 2 On a general basis, the prices of the houses are declining day by day in the United States, especially in California, Arizona, Illinois, and few other states. Many houses are coming to the market for sale every day, and many people are becoming bankrupt almost everyday. Wasserman (2009) stated that, the bad news for homeowners is that home prices declined 16.9 percent from May 2008 to May 2009. Wasserman (2009) further stated that, National housing prices fell 9.2 percent from May 2008 to May 2009 and that was the lowest year-over-year drop of 2009. Economists even predict that the house prices will keep falling in most places because those prices are still dangerously high compared to incomes and rents. Team-A issues the following hypothesis statement: The mean home price is less than $230,000.00
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Week 2 - Team A assignment - rough draft - conclusion added...

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