Do house prices really fall? It would seem so.....

Remember when your local realtor told you that house prices never fall. Well, housing prices fell in nearly every major U.S. market in November. Boston prices fall back dramatically; down 5 percent for the 12 months through November. Detroit was little better, off 4.5 percent. Of 20 major cities tracked, all but three showed declines in November and seven recorded 12-month losses.

It is enough to make you cry.