Do You Know There Are Five Cities Where Homes Aren’t Selling in USA?
I got this news from realestate.yahoo.com which is originally written by Tisa Silver, www.investopedia.com. The Standard & Poor Case-Shiller Home Price Indices analyzed property values in twenty metropolitan districts within the United States. Each index shows measurement the growth in value of residential or home real estate, and the index family also includes a national index and two composite indices. Data from S&P shows us the changes in property values from October, 2008 to October, 2009.
Data of days on market were provided by AOL Real Estate.
Las Vegas
The housing market downturn took a huge bite of Sin City property values. Last year, property values fell 26.6%. The good news is that on a monthly basis, property values appear to be falling at a slower pace. From August-September, 2009, values fell 0.9% and from September-October, 2009 values fell just 0.1%. On average, a home sits on the market for 142 days. [Read the rest of this entry...]











