Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Home prices up for 1st time in 3 years

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-17-09 05:53 PM
Original message
Home prices up for 1st time in 3 years

http://money.cnn.com/2009/07/27/real_estate/May_Case_Sh...

NEW YORK (CNNMoney.com) -- The value of U.S. homes grew on a monthly basis in May for the first time in nearly three years, according to 20-city index released Tuesday.

The month-over-month increase was 0.5%, according to the report from financial data company Standard & Poor's and economists Case-Shiller. It was the first increase in the monthly index since July 2006.
Printer Friendly | Permalink |  | Top
MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-17-09 06:45 PM
Response to Original message
1. Amazing what will happen when you throw $8000 checks at people.
I'd expect month-to-month to be up through August...and year-to-year up through December.

If you want to get an idea of how home prices (and sales) are REALLY doing, let's wait until 1/1/10 when the $8000 first-time homebuyers' credit expires.
Printer Friendly | Permalink |  | Top
 
Phx_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-17-09 07:47 PM
Response to Original message
2. The Obama Recovery. It works. n/t
Printer Friendly | Permalink |  | Top
 
GivePeaceAchance Donating Member (950 posts) Send PM | Profile | Ignore Fri Sep-18-09 12:59 AM
Response to Original message
3. Hey, I'll take a flurry of good news and run with it after months of gloom...
Edited on Fri Sep-18-09 01:01 AM by GivePeaceAchance
I think the recovery act is doing just as it should do right now. It looks like they've spent very well and strategically. T
Printer Friendly | Permalink |  | Top
 
taught_me_patience Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-18-09 01:01 AM
Response to Original message
4. QE by the FED showering the market with money
wait until they are finished and rates spike back to "normal".
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Aug 27th 2014, 06:22 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC