Thursday, April 26, 2007

U.S. House Prices Slide As Property Glut Grows / WSJ

not a pretty picture...../ sieht düster aus.....

....Standard & Poor's reported yesterday that the S&P/Case-Shiller 20-city composite index in February was down 1% from a year earlier. The metro-area price changes ranged from drops of 7.8% in Detroit and 5% in San Diego to rises of 10.6% in Seattle and 7.7% in Portland, Ore. In 15 of the 20 cities, March prices were down from a month before....

größer / bigger http://tinyurl.com/34udo2

thanks to http://macroblog.typepad.com/macroblog/

größer/bigger http://tinyurl.com/2pnryu

thanks to http://indexuniverse.com/index.php

In Florida's St. Lucie County, current inventory is enough to last more than 34 months at March's sales rate, says Mr. Lawler. The supply is 29 months in Palm Beach County and 25 months in both Miami-Dade and Broward counties, he adds.

Other cities with big increases in listings from the already swollen levels of a year ago include Phoenix (36%), Chicago (44%), Los Angeles (54%) and Las Vegas (30%). The inventory was little changed but still plentiful in the San Diego and Washington, D.C., areas...
[buysell]

At the same time, delinquent mortgage payments -- a precursor of more foreclosures -- are on the rise. Lenders sent 46,760 default notices to California homeowners in the first three months of this year, more than double the year-earlier tally and the highest in nearly 10 years, according to DataQuick Information Systems, a research firm in La Jolla, Calif. Defaults were particularly prevalent in Sacramento, Riverside and San Joaquin counties

Labels: ,

2 Comments:

Blogger Sinjin said...

Do you have any other articles or info on credit derivatives pricing or trading? Been looking to find out more info on the player in the market... I've some interesting information on the following sites:
http://www.cdscawley.com
http://cdsaxiom.com

Know where I can find any additional info on the other players?

9:55 AM  
Blogger Katherine said...

It seems me very interesting your page has very good you photography and seems me very important the informacion that emphasizes. It like is cool. You can visit my page... Costa rica real estate , this about the travel in Costa Rica, you can see diferents beaches and beatiful places that you will go with you family and friends, and you can find information about condos too...for more info please go at http://www.costa-ricarealestate.com

1:58 PM  

Post a Comment

Links to this post:

Create a Link

<< Home