Case Shiller Index: Negative Numbers Across the Board
Home prices in the New York City area in February fell 1.6 percent from January and about 10 percent from a year before, according to new numbers from the Case-Shiller Index. Those drops were relatively benign compared to some parts of the country: Las Vegas and San Francisco all experienced year-over-year declines of over 30…
Home prices in the New York City area in February fell 1.6 percent from January and about 10 percent from a year before, according to new numbers from the Case-Shiller Index. Those drops were relatively benign compared to some parts of the country: Las Vegas and San Francisco all experienced year-over-year declines of over 30 percent while Phoenix achieved the distinction of being the first city to have its real estate values fall more than 50 percent from the 2006 peak. Some of the hardest hit regions have begun to show signs of stabilizing, as low prices, the proliferation of foreclosure sales and low interest rates have lured some buyers back to the table. Still, predictions for future declines across the country from so-called experts range from just 5 percent to as much as 33 percent. A chart from the Wall Street Journal of percentage changes in the nation’s 20 largest cities is on the jump.
Phoenix Leads the Way Down in Home Prices [NY Times]
City Lags As Nation Hits Home Runs [NY Post]
A Look at Case-Shiller Numbers [WSJ]
NYC Price graph from The New York Times
DIBS thinks the economy will turn around in 15 seconds, mopar.
Alright, back to work…
***Bid half off peak comps***
What – That toggle rendition is priceless.
***Bid half off peak comps***
“You’re getting better at toggling between What & BHO these days.”
When all else fails, distract the readership from the points made.
“…the Yankees sure look like losers this year. Again. Go Phillies.”
And, again, so does Team Bullshit. Go Team Bear!!!
***Bid half off peak comps***
Anybody think the economy will turn around in 15 months?
Anybody think real estate prices will stop declining in 15 months — even if the economy continues to tank?
“Speaking of baseball, premium Yankee tickets, anologous to premium brownstones, now priced at half off, the new mantra.”
Thank so much BHO um The Wh.. No BHO.. No not again!
Yankees Seek to Fill Stadium Seats With Price Cuts, Giveaways
http://www.bloomberg.com/apps/news?pid=20601079&sid=aInkuzsPW55g&refer=home
“Some seats that were priced at $2,500 per game were cut to $1,250, and others at $1,000 now will be $650. Fans who purchased such season-ticket plans will receive either a refund or a credit, the team said.”
ROTFLMMFAO!
The What (Brooklyn Brownstones next)
Someday Peak Tickets is gonna end…
I like that one, BHO but you gotta admit, the Yankees sure look like losers this year. Again. Go Phillies.
Dazzle us some more with your acume of bank financial stement analysis. Please, I really find it informative.
Speaking of baseball, premium Yankee tickets, anologous to premium brownstones, now priced at half off, the new mantra.
***Bid half off peak comps***
“Meanwhile, in the face of -6% GDP and a worsening swine flu epidemic, the market is up 2.4%”
Is this the “truth”???? Like this shit!
Fed Is Said to Seek Capital for at Least Six Banks (Update1)
http://www.bloomberg.com/apps/news?pid=20601087&sid=aiz06xRmmeOQ&refer=home
April 29 (Bloomberg) — At least six of the 19 largest U.S. banks require additional capital, according to preliminary results of government stress tests, people briefed on the matter said.
But WAIT! The Banks said they had a PROFIT last quarter!!!
Dave six months!
The What
Someday this war is gonna end…