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Prices for homes in the New York area declined at a faster rate in November than in any other month on record. According to the S&P/Case-Shiller Index, properties within a 50-mile radius of the Big Apple declined 1.6 percent between October and November and 8.6 percent year-over-year. The news wasn’t all bad though: New York prices are still up 87 percent since the index started in 2000. New York also had company in the misery department: Atlanta, Boston, Charlotte, Chicago, Dallas, Portland and Seattle all had their worst months ever.
City Sees Record Home Price Drop [The Real Deal]
Home Prices Fall at Record Pace [CNN]
NY Home$ in Record Plunge [NY Post]
Home Price Index Fell Again in Nov. [NY Times]


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  1. That is strange Biff – it might be more of a testament to the owners running good establishments. I don’t frequent the BoCoCa bars but if you guys want some fancy cocktails Clover Club on Smith is great.

  2. “Yeah that’s right – the brazen head guy went after Union Hall because Floyd is a competitor to brazen head.”

    Wow, what irony then in having the first gathering at Union Hall and the next one at Floyd. Is that irony or just a coincidence? I could never figure out the difference.

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