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09-30-2008, 11:01 PM
| #1 |
| Senior Member  Join Date: Nov 2007
Posts: 344
|  National Trend of Home Price Declines... http://www2.standardandpoors.com/spf...ase_082653.pdf Interesting article on US real estate prices ... especially the chart of price declines in major cities. Hope your DC's are all out there buying what they can while it lasts. I suspect those are averages not on-the-beach or ultra-prime locations. Edit: here's more info: http://news.yahoo.com/s/ap/20080930/...ge/home_prices |
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09-30-2008, 11:39 PM
| #2 |
| Senior Member  Join Date: Nov 2007 Location: 60601
Posts: 484
Club: High Country Club, Pinnacle Yachts | Re: National Trend of Home Price Declines... I have been watching the Case-Schiller index like a hawk for a few years now... I would not call it a bottom but this statement it somewhat true. About 7-8 cities out of 20 have stopped declining and some have shown a minor uptick. “While there is no national turnaround in residential real estate prices, it is possible that we are seeing some regions struggling to come back, which has resulted in some moderation in price declines at the national level."
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