Dark Days Redux: Home prices among over a dozen...

November 3rd, 2009

2009_10_linedown.jpgHome prices among over a dozen metropolitan areas have risen for the third consecutive month, but that can be attributed to a last-minute rush to get in on an expiring homebuyer tax credit, plus low interest rates. Both things are about to go gentle into that good night, meaning declines in home prices are probably headed our way, and that there's "plenty of pain yet to come." The NYT: "Millions of people have lost so much equity that they are locked into their homes for years, a modern variation of the Victorian debtor's prison that is freezing a large swath of the market." [NYT]

Posted in Uncategorized | Edit | No Comments »

 
This post has been included in California Information San Francisco County, CA Information San Francisco, CA Information
Post is included in group: AR Flat Babes Rock
Post is included in group: Active Rain Newbies
Post is included in group: Active Rain Fit Club
Post is included in group: 411 Real Estate Place
Post is included in group: 1st Time Buyers

0 Comments on Dark Days Redux: Home prices among over a dozen…

Leave a response…



(optional)
What does the graphic say?
 
Commercialrealestate Rainmaker_large

San Francisco Commercial Real Estate http://www.gregorygarver.com

San Francisco, CA

More about me…

San Francisco Real Estate, Commercial Real Estate

Cell Phone: (415) 225-9894

Email Me

San Francisco Real Estate Blog has Real Estate Listings and News, much like http://blog.gregorygarver.com/


Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and San Francisco real estate on ActiveRain.