HomeSearch PropertiesGirdwoodResourcesOur Team

RE/MAX of Alyeska is a member of the Alaska Multiple Listing Service and can assist you with all properties contained herein.

Girdwood Real Estate Blog 
Wednesday, 07 November 2007
Helping to debunk Chicken Little, this particular article is taken from REALTOR Magazine Online:
Top 5 Markets Where Home Prices are Rising

Home prices have risen in five major markets, while continuing to fall in the rest of the country, according to the S&P/Case-Shiller home price index for August, released Tuesday.

The largest price declines are in rust belt cities, although Tampa came out as the big loser as speculators abandoned properties.

“The fall in home prices is showing no real signs of a slowdown or turnaround," says Robert J. Shiller, co-creator of the index and chief economist for MacroMarkets LLC.

The Case-Shiller indexes track multiple sales of the same homes in an attempt to screen out price differences caused by shifts in the size and type of houses being sold. Some housing economists consider these indexes the best gauge of national and metro real-estate values.

Here are the changes in the August price level from a year earlier for single-family homes.

5 Cities Where Prices Rose

  1. Seattle: 5.7
  2. Charlotte: 5.6
  3. Portland: 2.8
  4. Atlanta: 0.8
  5. Dallas: 0.5
15 Cities Where Prices Fell
  1. Tampa: -10.1
  2. Detroit: -9.3
  3. San Diego: -8.3
  4. Phoenix: -8.0
  5. Miami: -7.8
  6. Las Vegas: -7.6
  7. Washington, D.C.: -7.2
  8. Los Angeles: -5.7
  9. San Francisco: -4.2
  10. Cleveland: -4.1
  11. Minneapolis: -4.0
  12. New York: -3.8
  13. Boston: -3.6
  14. Chicago: -1.3
  15. Denver: -0.4
Source: The Wall Street Journal, Rex Nutting, and S&P Case-Shiller Index (10/31/07)

 

POSTED BY: Bryan Epley AT 10:00 am   |  Permalink   |  E-mail this

Girdwood's real estate office.

RE/MAX Of Alyeska
P.O. Box 1029
Girdwood, AK 99587
Located in the Girdwood Townsite at 224 Hightower Rd.
Phone: 907-783-2010
Fax: 907-783-2011
Email: Bryan@BryanEpley.com

Real Estate Website Design &
Real Estate Marketing Services Provided by:

Pro Step Marketing

PRIVACY POLICY 
RE/MAX of Alyeska is the sole owner of the information collected on this site. Neither RE/MAX of Alyeska nor the team associates will sell, share, or rent this confidential information to others. Your privacy is the primary issue for RE/MAX of Alyeska.

CONTACT POLICY
By submitting personal information such as name, address, phone number, email address and/or additional data, the real estate client/prospect consents that RE/MAX of Alyeska or its authorized representative may contact client/prospect by phone, U.S. Postal System, or e-mail whether or not client/prospect is participating in a state or federal or other "do not contact" program of any type.

Site Map

Copyright© RE/MAX of Alyeska. All Rights Reserved.

 

Site Powered By
    prostepmarketing.com
    Online web site design