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Muzhik
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Good news
Posted by Muzhik on Saturday, December 06, 2008 10:49:20 AM
"Prices declined in 19 of 20 metro areas tracked by the Standard & Poor's/Case-Shiller home-price index, which was created in 1988. Record declines were recorded in 15 metro areas, with six areas losing more than 20%.
Las Vegas had the worst quarterly performance, falling 25.9% compared with a year earlier, followed by Miami and Phoenix. Only Charlotte, N.C., stayed above water, gaining less than 1% over the previous year."
That's encouraging.
City
1-year change
City
1-year change
Atlanta
-6.5%
Miami
-24.6%
Boston
-5.9%
Minneapolis
-14.1%
Charlotte
0.8%
New York
-7.4%
Chicago
-10.0%
Phoenix
-23.0%
Cleveland
-9.5%
Portland, Ore.
-4.0%
Dallas
-3.3%
San Diego
-20.5%
Denver
-5.0%
San Francisco
-20.2%
Detroit
-17.9%
Seattle
-4.4%
Las Vegas
-25.9%
Tampa
-19.6%
Los Angeles
-21.7%
Washington
-14.7%
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