EconWatch.com > Economy Update

Political Animalhttp://www.washingtonmonthly.com/archives/individual/2008_04/013628.php [Political Animal] In the 12 months ended in February, the Case-Shiller home price index, which measures the value of single-family homes in 10 major metropolitan regions, fell 13.6 percent, the biggest decline since records began in 1987....The slump in home prices was more severe than the worst point of the recession of the 1990s, the last time values fell so far, so quickly.

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relistrreal Estate News, Mortgage, Housing, Homes For Sale - Relistr.comhttp://relistr.com/real-estate/consumer-confidence-slips-as-home-prices-drop.html [relistrreal Estate News, Mortgage, Housing, Homes For Sale - Relistr.com] Consumer Confidence Slips as Home Prices Drop: All 20 regions included in the Case-Shiller index recorded price declines in February, with Western cities like San Francisco, Los Angeles and San Diego among the worst performers. Only the Charlotte, N.C., area has seen prices increase from February 2007 to February 2008.

butner blogspothttp://butnerblogspot.wordpress.com/2008/04/30/home-prices-continue-to-free-fall-no-end-in-sight/ [butner blogspot] Home Prices continue to Free Fall, No End in Sight: said Dean Baker, co-director of the Center for Economic and Policy Research. “Back a couple of years ago, people were saying, ‘Housing prices are not like stocks;

Economy-Finance[Economy-Finance] Standard Poor's S/case shiller home price index falling: Today, the S&P/Case-Shiller Home Prices Index was released and, as expected, the news are grim. The index shows declines in the prices of existing single family homes across the United States worsened in February 2008, with 17 of the 20 now reporting MSAs posting record low annual declines, 10 of which are in the double digits.

Land of the Banned LOTBhttp://landofthebanned.wordpress.com/2008/04/30/housing-prices-post-record-declines/ [Land of the Banned LOTB] Housing prices post record declines: “Prices of single family homes continue to drop across the nation.” “This is huge,” said Dean Baker, an economist with the Economic Policy Institute. “Back a couple of years ago, people were saying, ”˜Housing prices are not like stocks;

洋妹妹--泰格丽丝Tigresshttp://american-tigress.blog.sohu.com/85631177.html [洋妹妹--泰格丽丝Tigress] Bargain hunters boost home sales in some markets: And Las Vegas is one metro area where prices are dive-bombing. After prices soared during the national real estate boom of 2005, the city has absorbed one of the sharpest drops in home prices in the USA, according to a price-index report from S&P/Case-Shiller.

Capitalism & Modern Societyhttp://moderncapitalism.wordpress.com/2008/04/18/is-our-economy-in-a-recession/ [Capitalism & Modern Society] Is Our Economy in a Recession?: The value of single -family homes plummeted 10.7 percent in January compared with a year earlier, as measured by the Case-Shiller Index, a survey of twenty major metropolitan regions. http://freeinternetpress.com/story.php?sid=15902 ...

The Housing Chronicles Bloghttp://www.housingchronicles.com/2008/04/brighter-side-of-falling-housing-prices.html [The Housing Chronicles Blog] The brighter side of falling housing prices: Real-estate data company Zillow.com estimates that the median value for all homes in the 12 months ended March 31 fell 25% in the Las Vegas metro area, 19% in Miami and Orlando, and 16% in Phoenix. The typical value is still rising modestly in a few places, including the metro areas of Raleigh and Charlotte, N.C., Dallas and Houston.

Top News Blog[Top News Blog] Home Equity Rates: September 30: Prices fell 4 per cent equity of housing rates.9 September 2006 in 20 major metropolitan areas, according to Standard & Poor & # 39; s / Case-Shiller indexes in the rates of housing equity.

View Main Line Homes[View Main Line Homes] Is the market really that bad here on the Main Line?: Even more perversely, Schiller’s MSA for “New York” tracks sales in Putnam County, two hours north , and single family home sales in Bergen County, New Jersey and home prices out on Long Island. Trailer park sales in Putnam County are in his “New York” index.

SERGEY YAROVIKOV - HONOLULU REALTORhttp://sergey-hawaii.spaces.live.com/Blog/cns!B17ECD6765AC9243!203.entry [SERGEY YAROVIKOV - HONOLULU REALTOR] Housing Crunch - MSN Money: The worst is concentrated Bad as the national picture is, the national statistics are dragged down by some spectacularly poor local housing markets. For example, subprime adjustable-rate mortgage (ARM) delinquencies and foreclosures are rising in all states, but in most places the actual number of loans involved is fairly modest, says the Mortgage Bankers Association.

Real Estate in Steamboat[Real Estate in Steamboat] New Data Show Rising Inflation and Slumping Home Values: Poor’s Case-Shiller, is falling at an annual pace of more than 20 percent. The index tracks repeat sales of single-family homes;

Boom2Bust.comhttp://www.boom2bust.com/2008/01/29/the-%E2%80%98dream%E2%80%99-of-homeownership/ [Boom2Bust.com] The ”˜Dream’ Of Homeownership: Let’s just say they remind me of an old high school cheer that went, “U-G-L-Y, you ain’t got no alibi, you ugly, you you, you ugly.” Earlier today the latest updates to the S&P/Case-Shiller Home Price Indices were released by Standard & Poor’s.

garnesmortgage.com[garnesmortgage.com] Las Vegas, Down Payment Grant Never Repaid By Homebuyer!: In other news, the S&P/Case-Shiller home-price index of 20 metropolitan areas fell by 2.1% in December after a same-sized decline in November. But since the data is not seasonally adjusted, the year-over-year differences are more revealing.

Goldnotes - A Resource Investor's Blog[Goldnotes - A Resource Investor's Blog] London Irvine Report December 27th, 2007: Home prices in the Miami metropolitan area fell 12.4 percent in October compared with the same month last year, surpassing Tampa , as the worst-performing city. Tampa posted a year-over-year loss of 11.8 percent.

Bay Area Housing Review[Bay Area Housing Review] Foreclosures Surge, PMI Sees Price Declines Intensifying: Even worse, when annualized, the decline in prices between the third quarter and the fourth quarter was 5.1 percent, suggesting that the downturn in prices was intensifying as 2007 came to a close. Broader measures of house prices, such as that from S&P/Case-Shiller, show four-quarter prices down by a record 8.9 percent in the last quarter of the year, and by 19.8 percent at annual rates in that quarter.

RelistrReal Estate News, Mortgage, Housing, Homes For Sale - Relistr.comhttp://relistr.com/real-estate/spcase-shiller-home-price-index-falls-record-107pc.html [RelistrReal Estate News, Mortgage, Housing, Homes For Sale - Relistr.com] S&P/Case-Shiller Home Price Index Falls Record 10.7pc: March 25, 2008 - Home prices in 20 U.S. metropolitan areas fell in January by the most on record, a sign the housing recession is deepening, a private survey showed today.

Access Grantedhttp://accessgrantednow.com/2008/03/15/decline-in-home-prices-picks-up-pace/ [Access Granted] Decline in Home Prices Picks up Pace: The S&P/Case-Shiller index showed that some of the fastest declines in home prices are in metropolitan areas that were among the hottest during the housing boom. Prices were down 12.4% from a year earlier in Miami, 11.1% in San Diego, 10.7% in Las Vegas and 10.6% in Phoenix.

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