Home prices are showing continued improvement, but not at the pace seen before. The 10 and 20-City composites recorded annual declines of 8.5% and 9.4% respectively which is better than the double digit declines we were seeing.
Prices are now generally at the levels from Aug. 2003. One in 4 borrowers are still underwater on their mortgages . Las Vegas remains the most depressed market. Report to be released shortly.
Showing posts with label Case Shiller. Show all posts
Showing posts with label Case Shiller. Show all posts
Tuesday, November 24, 2009
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