Wed, Oct 22, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Research, Residential property Watch more

Optimism is up, but the U.S. housing market faces a painful shift

Posted on 26 April 2012

It’s spring, the time when Americans traditionally think about new homes — trading up for growing families, downsizing for retirees, picking up a vacation home or buying a starter home to escape renting.
But four years after the start of the financial crisis, and six years after home prices began to collapse, the market is still shaky. Nationally, prices are about 35% below their peaks in 2006, according to the S&P/Case-Shiller Home Price Indices released on April 24, and in some markets homes have lost 60% of their value………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031