Case Shiller: Real Estate Home Prices Continue To Head Lower

| January 31, 2012

More of the same…as personal income falls or flat lines, real estate will continue on a slippery slop. With record low interest rates, people, unlike in past recessions, still carry near record high amounts of debt. It is not indicative of a housing rebound. De-leveraging will continue to be a rage, unbeknown and not understood by most. The November […]

U.S. Existing Home Prices And Sales Fall February

| March 21, 2011

Sales of U.S. previously owned homes dropped more than forecast in February and the median price dropped to $156,100 from $164,600 one year ago.  Sales of U.S. previously owned homes dropped more than forecast in February and the median purchase price declined to the lowest since the same month in 2002, indicating the housing market […]

Zillow Says Home Price Drop (26%) Exceeds The Great Depression

| January 20, 2011

By Al Yoon NEW YORK (Reuters) – Home prices fell for the 53’rd consecutive month in November, taking the decline past that of the Great Depression for the first time in the prolonged housing slump, according to Zillow. Home prices have fallen 26 percent since their peak in 2006, exceeding the 25.9 percent drop registered […]

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