housing prices
Old information is dangerous information
Sunday, July 5th, 2009 | Investment, Money, Real Estate | No Comments
“The article titled “5 Housing Markets That Have Further to Fall” is using the old standard of slow behind the times information is Standard & Poor’s Case-Shiller Index. If you think this information is showing you something current think again.
My next post will give you some really current information the title of the article is “You missed the market in Phoenix!”
Homes are biggest bargain since 2004
Wednesday, May 28th, 2008 | Investment, Money, Real Estate | No Comments
Falling prices opened up home buying for many more Americans.
By Les Christie, CNNMoney.com staff writer
NEW YORK (CNNMoney.com) — With prices crashing around the nation, home price affordability has improved dramatically in many U.S. cities.
As a result, 53.8% of all new and existing homes sold nationwide during the first three months of 2008 were affordable to families earning the median household income of $61,500, according to the latest Housing Opportunity Index released Tuesday by Wells Fargo and the National Association of Home Builders (NAHB).More .
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