http://www.mortgagenewsdaily.com/4292008_Ruinous_Housing_Decline.aspHousing price declines remain the greatest challenge to financial markets and could prompt a deep recession , according to Pimco's Bill Gross . "Home prices which have fallen by 10% over the past 12 months and are set for a repeat by this time in 2009enCommunityServer 2008 SP2 (Build: 31106.96)