Home prices are expected to drop at a slower rate for the second month in a row, a sign of a new, if faint, stabilization in the housing market. Standard & Poor’s Case-Shiller home-price indices for February will be released tomorrow with an estimated 3.4 percent year-over-year drop average according […]
Author: Jaclyn Snow
Home Prices Fell to 2003 Levels in January
U.S. home prices dropped for the ninth consecutive month in January and despite a smaller decline than previous months, the numbers are only encouraging compared to the market’s previous tumbles. The average home price dropped 3.8 percent according to Standard & Poor’s Case-Shiller home-price indices for the 20 largest metropolitan […]
Two Markets in Southwest Florida – The Islands and Everyone Else
This graph shows different price rebounds in Southwest Florida. By Jackie Snow The average single-family home prices rose over 30 percent in Lee County in January compared to January 2011, causing some analysts to claim Southwest Florida is coming back after years of depressed prices. But this apparent recovery in […]
U.S. Home Prices Continue to Fall
U.S. home prices fell to its lowest levels in six years in December, according to Standard & Poor’s Case-Shiller home-price indices. Home prices fell 3.8 percent and 4 percent year-over-year. Prices are a third lower than their peak in 2006. This is the eighth month in a row of price […]