House prices: inflation wipes thousands off property values

House prices: inflation wipes thousands off property values Your home may have risen in value – on paper. But factor in inflation and the picture is bleaker. Read more on Daily Telegraph

Home Prices in 20 U.S. Cities Decline to Eight-Year Low, Case-Shiller Says

Home Prices in 20 U.S. Cities Decline to Eight-Year Low, Case-Shiller Says Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery. Read more on Bloomberg

Falling Home Prices Mean More Hardships For Owners

Falling Home Prices Mean More Hardships For Owners The fallen value of Nancy Logan’s home is making her chances of keeping it seem next to impossible. So the single mom sought an audience with the president of the United States. Read more on ClickOnDetroit

Home prices near ‘double dip’ – S&P/Case-Shiller

Home prices near ‘double dip’ – S&P/Case-Shiller Home prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the eighth straight month of declines. Read more on CNNMoney.com via Yahoo! Finance

Few positives for area home prices

Few positives for area home prices Analysis by ZIP code shows mostly slipping values At best, Chicago-area home prices are bouncing along the bottom or getting less bad as the depreciation rate slows. At worst, they continue in a free fall. Read more on Chicago Tribune

House prices head for 6% fall

House prices head for 6% fall House prices are heading for a 6 per cent fall in real terms this year, according to the latest data from the country’s biggest mortgage lender. Read more on Independent

Clark County home sales stabilize as prices fall

Clark County home sales stabilize as prices fall Clark County home sales continued to stabilize in January, as a new type of cash buyer invested in the market. The month’s 319 home sales were on par with the 318 houses that sold in January 2010, and up 24 percent from January 2009, according to Vancouver-based [...]

October new home sales drop 8.1 pct., prices fall

October new home sales drop 8.1 pct., prices fall New home sales tumbled in October while the median home price dropped to the lowest point in seven years. Sales of new single-family homes declined 8.1 percent to a seasonally adjusted annual rate of 283,000 units in October, the Commerce Department reported Wednesday. It was the [...]

L.A. home sales drop again; prices increase

L.A. home sales drop again; prices increase Mark Lacter: Foreclosure resales account for about a third of all Socal sales, which is down substantially from 2009 but still quite high. Read more on LA Observed

What should US do about falling home prices?

What should US do about falling home prices? Nothing; recovery is coming, says economist Joel Naroff Read more on Philly.com

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