INFO THAT HITS US WHERE WE LIVE

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… Last Tuesday another housing market obstacle appeared in the form of Standard & Poor’s Case-Shiller Home Price Index for March. Prices for 20 major metro areas dropped 0.8% for the month and were down 3.6% from a year ago. These numbers had some folks claiming the double dip in housing prices had arrived. But… Read More

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Home Price Declines Deepen In Major US Markets (AP)

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11 Markets At Lowest Level Since Housing Bust DEREK KRAVITZ, AP Real Estate Writers Posted: 6:05 am PDT March 29, 2011 NEW YORK — Damage from the housing bust is spreading to areas once thought to be immune. In at least 14 major U.S. metro areas, prices have fallen to 2003 levels – when the… Read More

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WSJ Quarterly Housing Survey: More Pain to Come

I meant to get to this last week, but the day it came out, I was mostly drunk (my bday), and I somehow missed it: “Despite some tentative signs of recovery, the U.S. housing market remains vulnerable to further price drops—especially in areas where large numbers of mortgages are headed toward foreclosure over the next few years. The Wall Street Journal’s quarterly survey of housing-market data in 28 major metro areas shows sharp drops in the number of homes listed for sale across the countr

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