By Dennis Norman, on April 20th, 2010
Dennis Norman
Bear with me, I’m really not an ego-maniac, it’s just so infrequently that anyone of any real authority, or with “PhD” behind their name, agrees with me, so when it does happen I have to sound the horns and bask in the glory while it lasts!
If you have read any of my articles
Continue reading… I told you so!
By Dennis Norman, on January 26th, 2010
Dennis Norman
This morning the S&P/Case-Shiller Index report for November was released showing that home prices in their 10 city and 20 city composite indexes decreased 0.2 percent from October. The indexes include the major metropolition areas in the U.S. (details for metros included are in chart that follows).
This marks the tenth month of
Continue reading… November home prices flattening out in many major metro areas
By Dennis Norman, on November 24th, 2009
Dennis Norman
This morning the S&P/Case-Shiller Index report for September was released showing that home prices in the US increased in 3rd quarter 2009 by 3.1 percent (seasonally adjusted) from 2nd quarter. The 3rd quarter index shows a 8.9 percent decline from a year ago, however this is a marked improvement from the 14.7 decline
Continue reading… US home prices increase 3.1 percent in 3rd quarter; down 8.9 percent from a year ago
By Dennis Norman, on October 27th, 2009
Dennis Norman
This morning the S&P/Case-Shiller Index report for August was released showing that home prices in the 20 cities covered by their report fell 11.3 percent in August from a year ago. This is a smaller year over year decline than July when the index showed a 13.3 percent drop in home prices from
Continue reading… Home prices finally leveling off
By Dennis Norman, on September 29th, 2009
By: Dennis Norman
According to the S&P/Case-Shiller Home Price Indices, home prices in July declined 12.8 percent from a year ago in their 10-city composite and 13.3 percent in their 20-city composite. On a positive note, all 20 metro areas showed an improvement in the annual rates of decline when comparing July to June.
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Continue reading… Average home prices across US are about where they were six years ago
By Dennis Norman, on September 22nd, 2009
Dennis Norman
By: Dennis Norman
Today the Federal Housing Finance Agency (FHFA) reported that U.S. home prices rose 0.3 percent on a seasonally-adjusted basis from June to July and are down 4.2 percent for the past year.
Many of the reports I’ve seen in the press on this are saying this is a sign of the housing market
Continue reading… US Home Prices show modest 0.3 percent increase from June to July according to Federal Housing Finance Agency
By Dennis Norman, on August 25th, 2009
By: Dennis Norman
Today the S&P/Case-Shiller Home Price Indices report was released which showed the S&P/Case-Shiller U.S. National Home Price Index recorded a 14.9 percent deline in the second quarter of 2009 versus the 2nd quarter of 2008. While still a significant negative annual rate of return, this quarter is an improvement over the record decline
Continue reading… U.S. Home Prices down 14.9 percent in 2nd quarter from a year ago; Better than 1st quarter’s decline of 19.1 percent