Wednesday, August 22, 2012

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

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Home prices in the Orlando-Kissimmew slipped 23.4 percent in April when compared with the same montb ayear prior, the seventhy highest percentage of decline amonv some of the nation’s largest metro The Orlando-Kissimmee market posted a 20.9 percenyt decrease in home values in March when compared with March 2008. Florid a passed California to postthe second-highest rate of home pricr depreciation at 23.2 percent. Nevada topped the nation with a 26.1 percen t drop, while California — the leading stater for 20 consecutivemonths — landed third at 22.7 Nationwide housing prices fell 10.
2 percent in Aprip compared to a year ago, representiny the smallest year-over-year decline so far this The national decline peaked at 11.9 percent in Januarg 2009 and has since been trending down. First American CoreLogic’sz LoanPerformance Home Price Index evaluates the residentiaol real estate market basedon price, time between sales, property type and loan type, as well as increasesz and decreases in sales price s for the same homes over

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