12-26-2007, 07:59 PM
|
 |
Hummer Authority
|
|
Join Date: May 2006
Location: Texas
Posts: 1,132
|
|
Re: Snow Plows
Quote:
|
Originally Posted by RubHer Yellow Ducky
for sale:
2 homes in Miami ...Great investment opportunity...
NEW YORK (CNNMoney.com) -- Home prices fell 6.7 percent in October, compared with a year ago, according to the S&P/Case-Shiller 10-city home-price index, a record drop as housing markets continued to deteriorate.
It was the largest drop in more than 16 years and marked the 10th consecutive month of price depreciation and 23 months of decelerating returns.
Miami was hit with a 12.4 percent decline in the month, the most of any area.  Tampa fell 11.8 percent and Detroit, 11.2 percent. Sun Belt cities have suffered deep losses with San Diego down 11.1 percent in the past year, Phoenix off 10.6 percent and Las Vegas 10.7 percent. In Los Angeles, a huge market, home prices have fallen 8.8 percent.
|
Offer still open?? |