Wednesday, December 10, 2008

Forbes: Grandview eighth fastest-dying town

Posted By on Wed, Dec 10, 2008 at 9:30 AM

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Grandview, it could be worse. You could be Bensenville, Illinois.

Forbes ranked America's fastest-dying towns, and Grandview, once home to Harry Truman and now the International House of Prayer, ranked No. 8 out of 10.

Forbes says:

Poverty has doubled while incomes have remained flat, and have

fallen when adjusted for inflation. What's more, the housing market has

deteriorated, with prices falling 10% in the last year, according to

Trulia.com. With few buyers, and no one moving in, home prices have

dropped to $78,000 at the median level, off from $122,000 in 2003.

Glad Heart Realty better get busy selling houses. -- Justin Kendall

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