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American Express Company Message Board

  • obamaloveswallst obamaloveswallst Feb 22, 2011 9:37 AM Flag

    Walmart WARNS TANKING !! home depot RED !

    they pumepd financials to the moon but the public is broke !!
    AND
    Devastating news for FInancials whose solvency depends on home prices !!
    BOOOYA!! !!!!!!!!!!

    Home prices hit post-bust lows in most big cities
    Home prices fall to lowest level since housing bust in most major US cities


    ShareretweetEmailPrintThe Associated Press, On Tuesday February 22, 2011, 9:02 am
    WASHINGTON (AP) -- Home prices in a majority of major U.S. cities tracked by a private trade group have fallen to their lowest levels since the housing bubble crashed.

    The Standard & Poor's/Case-Shiller index of home prices fell in December from November in all but one of the 20 cities tracked by the report. The only market to see a gain was Washington.

    Eleven of those markets hit their lowest point since the housing bust, in 2006 and 2007: Atlanta, Charlotte, N.C., Chicago, Detroit, Las Vegas, Miami, New York, Phoenix, Portland, Ore., Seattle and Tampa, Fla.

    The Case-Shiller report measures home price increases and decreases relative to prices in January 2000 and gives an updated three-month average for the metropolitan areas it looks at.

    BOOYAAAAAAAAAAAQQ

 
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