The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell 0.7 percent in September from August. Eighteen of the cities recorded monthly price declines. Cleveland recorded the largest decline. Prices there dropped 3 percent from a month earlier.
Prices in San Francisco, Los Angeles and San Diego, which had been showing strength this year, also dropped in September from August.
Answer by UpSheRises at 2:00 PM on Nov. 30, 2010
Answer by JulieJacobKyle at 2:25 PM on Nov. 30, 2010
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Answer by Anonymous at 1:56 PM on Nov. 30, 2010
The market sucks where I am. It could be worse, but it's not good by a long shot. Very slow in my particular area. There have been a few foreclosures and lots of relo buyouts that are coming down to fantastic deals for the buyers. The new home builders aren't slowing down and they are making insane deals for selling agents and for new home buyers as well. Big bonuses and upgrades. Hard to compete with all of that. Values have slipped anywhere from about $20,000 to over $200,000 in our subdivision. I expect things will get worse before they get better.
Answer by QuinnMae at 3:33 PM on Nov. 30, 2010
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Answer by JulieJacobKyle at 1:35 PM on Nov. 30, 2010
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