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Wednesday, November 10, 2010

Home Prices Are Falling Again (Clear Capital/Zillow) 11/9/2010

Home Prices Continue Plunge Across Much of U.S. - read full report at Clear Capital
"National/Four Region Overview: National home prices have changed -5.0% quarter-over-quarter. In fact, looking at national home prices since their mid- August peak, price declines are even more dramatic, changing -6.8%.
It’s Going to Be Another Long, Hard Winter in Housing - read full report at Zillow Real Estate Research
"According to the third quarter Zillow Real Estate Market Reports, home value depreciation began to accelerate again in September, fueled by lower transactional volumes and increased inventory levels. Home values dropped 0.4% from August to September and 4.3% from September 2009 (see Figure 1 below)."
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