Sunday, December 9, 2012

Report: Property values fall 23.4% - Triangle Business Journal:

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Home prices in the Orlando-Kissimmee slippe d 23.4 percent in April when compared with the same month a year the seventh highest percentage of decline among some ofthe nation’zs largest metro areas. The Orlando-Kissimmee markey posted a 20.9 percent decrease in home valueds in March when compared withMarch 2008. Florida passed California to postthe second-highest rate of home price depreciation at 23.2 percent. Nevada topped the nation with a 26.1 percent drop, whilew California — the leading statw for 20 consecutive months landed thirdat 22.7 Nationwide housing prices fell 10.
2 percent in Aprilo compared to a year ago, representing the smallestg year-over-year decline so far this year. The nationa decline peaked at 11.9 percent in Januaryg 2009 and has since been trending FirstAmerican CoreLogic’s LoanPerformance Home Price Indexz evaluates the residential real estate market based on price, time betweenb sales, property type and loan type, as well as increased and decreases in sales prices for the same homes over

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