Case-Shiller Home Prices rose by .3% and declined by .4% in Jan

[Arraya]

http://money.cnn.com/2010/03/30/real_estate/January_Case_Shiller/index.htm
NEW YORK (CNNMoney.com) — The market seems to have pulled the rug out from under housing industry hopes for a sustained early recovery.

After a five-month run-up in home prices starting last spring, prices have now fallen for four consecutive months, according to the S&P/Case-Shiller Home Price Index of 20 cities, a gauge of market values, released Tuesday.

In January, prices were down 0.4%, compared with December and have fallen 0.7% from a year earlier.

http://www.bloomberg.com/apps/news?pid=20601010&sid=ahc80Imb5LBg
March 30 (Bloomberg) — Home prices in 20 U.S. cities unexpectedly rose in January, indicating the housing market is stabilizing as the economy expands.

The S&P/Case-Shiller home-price index climbed 0.3 percent from the prior month on a seasonally adjusted basis, matching the gain in December, the group said today in New York. The gauge was down 0.7 percent from January 2009, the smallest year- over-year decrease in three years.

[Nor-LA-SD-guy]

California rebound boosts 20-city home price index

Rebound in California market helps lift home price index

http://finance.yahoo.com/news/California-rebound-boosts-apf-3722911936.html?x=0&sec=topStories&pos=3&asset=&ccode=

[Nor-LA-SD-guy]

California rebound boosts 20-city home price index

Rebound in California market helps lift home price index

http://finance.yahoo.com/news/California-rebound-boosts-apf-3722911936.html?x=0&sec=topStories&pos=3&asset=&ccode=

[Nor-LA-SD-guy]

California rebound boosts 20-city home price index

Rebound in California market helps lift home price index

http://finance.yahoo.com/news/California-rebound-boosts-apf-3722911936.html?x=0&sec=topStories&pos=3&asset=&ccode=

[Nor-LA-SD-guy]

California rebound boosts 20-city home price index

Rebound in California market helps lift home price index

http://finance.yahoo.com/news/California-rebound-boosts-apf-3722911936.html?x=0&sec=topStories&pos=3&asset=&ccode=

[Nor-LA-SD-guy]

California rebound boosts 20-city home price index

Rebound in California market helps lift home price index

http://finance.yahoo.com/news/California-rebound-boosts-apf-3722911936.html?x=0&sec=topStories&pos=3&asset=&ccode=

[sdrealtor]

Another thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.

[sdrealtor]

Another thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.

[sdrealtor]

Another thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.

[sdrealtor]

Another thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.

[sdrealtor]

Another thing you must consider is that you can buy well or buy poorly and it can make all the difference in the world. Just got a call from clients who I sold a condo to in 2008. They are relocating to Dallas for jobs and cheaper cost of living. Expecting a big loss for them? Nope! I just ran the comps and they should easily get 15 to 20% more than they paid. They should cover their selling costs and still pocket a 10% gain on the property which is a 50% profit on their down payment. They rolled all the closing costs into the transaction so their only out of pocket was the down payment. Their payments were also about $200 less then they were paying in rent for a comparable place. While the bottom is not in, the worst seems to have passed. For every ugly story there is a good one these days.

[Nor-LA-SD-guy]

Interesting :

Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.

Not saying this will last, but it does not look like a rug being pulled either.

Another interesting head line,

South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.

[Nor-LA-SD-guy]

Interesting :

Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.

Not saying this will last, but it does not look like a rug being pulled either.

Another interesting head line,

South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.

[Nor-LA-SD-guy]

Interesting :

Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.

Not saying this will last, but it does not look like a rug being pulled either.

Another interesting head line,

South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.

[Nor-LA-SD-guy]

Interesting :

Only two cities recorded home price gains in January: Los Angeles prices rose 0.9% and San Diego gained 0.4%.

Not saying this will last, but it does not look like a rug being pulled either.

Another interesting head line,

South Korea’s biggest port was overwhelmed with empty containers a year ago. But now the port is dealing with shipping lines that have more cargo than they can carry.

[Author]

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