· In its report, Clear Capital forecasts the change in home prices for 2011 in 50 major U.S. metro areas. Although Reno/Sparks is not one of the markets forecasted, Las Vegas/Paradise, NV is. Home prices or forecasted to decline 6.4 percent in 2011 for Las Vegas/Paradise. The report features some nice charts and interesting graphs.
"While national home prices have appreciated 4.2% since early 2009, the West region is poised to double dip by the end of Q1 2011 if trends continue. TRUCKEE, CA – March 10, 2011 – Clear Capital ( www.clearcapital.com ) released its monthly Home data index (hdi) market Report, and reports a quarter-over-quarter national price change of -1.4 percent.
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· National quarterly home prices changed -4.9%; while year-over-year national price changes reached -5.0%. National home prices have fallen 11.5% over the previous nine-month period, a rate of decline not experienced since 2008. In a sign of the continued volatility and fragility of home prices, all the major metropolitan statistical areas (msa) tracked in this month’s report showed.
Spread the lovePortland Home Prices Continue Steady Decline By Oregon Tax News Housing figures for the first half of this year are in, and the numbers aren’t good for the Portland Metro area. According Standard & Poor’s/Case-Shiller Home Price Indices, Portland’s home prices declined 9.2 in April 2011 compared to [.]
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That may be especially true in the West, where, according to Clear Capital, home prices in the region dropped. and credit score requirements to get the best loan terms. Home-price drops may.
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U.S. Home Prices Continue Slight Decline as West Region Drags Nation Down According to the Clear Capital HDI Market Report "While national home prices have appreciated 4.2% since early 2009, the West region is poised to double dip by the end of Q1 2011 if trends continue.
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