Posts Tagged ‘phoenix’Housing Perspective: December Case-Shiller Home Price IndexBy ANDREW JEFFERY The broken record rambles on: Home prices keep falling. The latest reading from the S&P/Case Shiller Home Price Index showed another record decline, as prices tumbled 18.5% from a year ago. And again, the worst performing metro regions were out west, with Phoenix, Las Vegas and San Francisco leading the way to [...] Foreclosures Sting Even Best BuildersBy ANDREW JEFFERY This post first appeared on Minyanville. Foreclosure: It’s not just for those “subprime” people anymore. Besieged by collapsing home prices and frightened banks scrounging for cash, even the real-estate industry’s brightest stars are finding there’s no place to hide. According to the New York Times, small and mid-size homebuilders who thrived during [...] Housing Perspective: Existing Home SalesThis post first appeared on Minyanville. Put on those Rose-Colored glasses, it’s time again for the Existing Home Sales data: September sales came in 5.5% higher than last month, at 5.18 million (annualized) compared to estimates of 4.95 million Sales were 1.4% higher than last year — the first year-over-year increase in 3 years Inventory [...] |