Tuesday, June 10, 2014

Review of houses for sale in kerry::How Many Puppies Do Chihuahuas Have







Review of houses for sale in kerry::How Many Puppies Do Chihuahuas Have








Kerry               E.

Grace               of               The               Wall               Street               Journal               has               posted               an               article               titled               "Case-Shiller               Index               Shows               Sharpest               Home-Price               Declines               in               Sun               Belt."               That               means               that               houses               in               the               area               of               the               Sun               Belt               are               losing               value               faster               than               any               other               area               in               the               United               States.

The               Case-Shiller               Index               is               a               quarterly               report               showing               nominal               home               housing               cost.

It               is               based               on               the               repeat               sales               of               single-family               homes.
               Key               points               in               the               report               include               a               20-city               sampling               that               is               down               23%               from               mid-2006.

A               10-city               sampling               concentrates               the               numbers               more               increasing               the               decline               to               25%.
               Past               year               declines               include               18%               for               20-city               groupings               and               19%               for               10-city               groupings.
               Overall               housing               prices               have               shrunk               to               2004               levels.

The               housing               market               is               almost               frozen.
               To               add               to               the               bad               news               no               regions               have               been               able               to               avoid               declines               and               additionally,               the               10-city               grouping               has               shown               a               decline               for               the               thirteenth               straight               month.
               The               Case-Shiller               Report               data               was               released               on               the               heels               of               government               news               that               sales               of               previously               occupied               homes               dropped               8.6%.

The               reason               that               there               has               been               such               a               drop               is               that               credit               is               extremely               tight               and               the               future               looks               bleak               so               people               are               hesitant               to               change               their               situation               if               they               are               surviving.
               In               my               situation               the               credibility               of               this               report               has               hit               home               in               three               different               situations.
               My               good               friend               wanted               to               sell               his               house               to               move               to               a               different               neighborhood               more               conducive               to               retirement.

He               had               a               buyer               but               the               buyer               had               to               wait               for               his               house               to               sell.

The               person               buying               his               house               had               to               wait               for               his               house               to               sell.

All               of               these               people               had               immaculate               credit               and               finally               had               to               do               some               "self-funding"               to               accomplish               the               sale.
               My               mother-in-law               had               a               house               for               sale               at               a               very               reasonable               price               but               had               to               lower               the               price               a               couple               of               times               or               be               stuck               with               annual               maintenance               and               taxes.
               Finally,               a               brother-in-law               who               has               been               in               the               real               estate               business               here               has               relayed               that               he               hasn't               had               any               luck               with               a               sale               since               October               and               that               is               just               not               enough.
               The               housing               market               is               where               lagging               economies               seem               to               show               up.
               It               is               aggravating               that               these               same               institutions               who               won't               give               credit               to               help               get               out               of               this               mess               were               the               same               organizations               who               gave               out               too               much               credit               to               get               us               in               this               mess.
               References:
               http://en.wikipedia.org/wiki/Case-Shiller_home_price_index
               http://online.wsj.com/article/SB123064533193442343.html






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