b****k
发帖数: 194 | 1 Home prices falling in most major US cities
(AP) – 2 hours ago
WASHINGTON (AP) — Home prices are falling in most major U.S. cities, and
at least 10 major markets are at their lowest point since the housing
bubble burst.
The Standard & Poor's/Case-Shiller 20-city index showed home prices
declined in 19 metro areas from January to February and 11 markets
experienced faster price declines compared with the previous month.
The index, which was released Tuesday, fell for the seventh straight
month. It is slightly above the level hit in April 2009, the lowest
point since the bubble burst. Analysts expect the March index will fall
past the low point.
High unemployment, stricter lending rules and fears that prices will
fall further are among the reasons why few people are buying and selling
homes. A record number of foreclosures are forcing down home prices in
most metro areas, and prices are expected to keep falling through this
year.
"There is evidence that potential sellers are holding their properties
off the market, waiting for housing prices to stop falling," said
Bricklin Dwyer, an analyst at BNP Paribas.
Detroit was the only market to show a monthly gain, although the Motor
City is one of five cities where home prices are now below their January
2000 levels.
Prices in Atlanta, Charlotte, Chicago, Las Vegas, Miami, New York,
Phoenix, Portland, Ore., Seattle and Tampa are all at their lowest point
since 2006 or 2007, at the height of the housing boom. The cities with
the steepest declines from January were Minneapolis, San Francisco,
Chicago and Miami.
In many depressed markets, a significant percentage of buyers are
investors and private equity firms looking to cash in on cheap real
estate.
The housing sector is struggling even while much of the economy is
recovering slowly but steadily. Some of the worst declines in home
prices are in cities hit hardest by unemployment and foreclosures.
Foreclosures are expected to rise to 1.2 million this year as many banks
revisit thousands of foreclosure cases, spurred into action by federal
regulators who have ordered top-to-bottom reviews of how foreclosures
were carried out over the past two years.
"It's hard to sell when buyers have the leverage and foreclosures
continue to create a gap between distressed sale prices and non-
distressed sale prices," said Jonathan Basile, an economist at Credit
Suisse Securities. More than 90 percent of homeowners say it's a bad
time to sell their home, according to the Reuters/University of Michigan
Survey of Consumers.
The Case-Shiller index measures sales of select homes in those cities
compared to January 2000. For each of the 20 metro areas it studies, the
index provides an updated three-month moving average price. By measuring
the sales price of the same homes over time, the index attempts to gauge
true market values. | s**********n
发帖数: 2343 | 2 最低点儿了。 最佳买入时间， 尤其是一般学区，差学区，边远地区。
【在 b****k 的大作中提到】
: Home prices falling in most major US cities
: (AP) – 2 hours ago
: WASHINGTON (AP) — Home prices are falling in most major U.S. cities, and
: at least 10 major markets are at their lowest point since the housing
: bubble burst.
: The Standard & Poor's/Case-Shiller 20-city index showed home prices
: declined in 19 metro areas from January to February and 11 markets
: experienced faster price declines compared with the previous month.
: The index, which was released Tuesday, fell for the seventh straight
: month. It is slightly above the level hit in April 2009, the lowest
| f*******s
发帖数: 3046 | 3 Atlanta, Charlotte, Chicago, Las Vegas, Miami, New York,
Phoenix, Portland, Ore., Seattle and Tampa are all at their lowest point
since 2006 or 2007
听说LV现在投资很好，Seattle还有得跌 | s**********l
发帖数: 8966 | 4 LV缓不过来了，现在中国人都去澳门了，谁没事跑沙漠里看几十年前的破酒店。
【在 f*******s 的大作中提到】
: Atlanta, Charlotte, Chicago, Las Vegas, Miami, New York,
: Phoenix, Portland, Ore., Seattle and Tampa are all at their lowest point
: since 2006 or 2007
: 听说LV现在投资很好，Seattle还有得跌
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