July 30, 2008
- US Property Prices Still on a Downward Spiral
Doom, gloom and further drops in house values about sums up the latest report from the S&P/Case-Shiller index which tracks home prices in 20 key American markets
Home prices dropped 16% in May from May 2007 - with a decline of 23% since the peak in July 2006. (…)
November 22, 2007
- Price Cutting Fails to Boost U.S Home Sales
Despite massive cuts in price ( Las Vegas developer KB Home started slashing prices several months ago and in the 1,400-home Huntington community, a subdivision of two-story stucco houses west of the famed Strip, homes that started at $320,000 a year ago are now listed for $270,000,) the US housing market continues to decline. (…)
October 10, 2007
- Vegas Builder slashes prices
Not so long ago, Las Vegas was the hottest of the red-hot real estate markets. But when sales started falling last year, developer KB Home did something out of the ordinary. (…)
