10 Cities Where Home Prices Are Plummeting

home pricesNearly two years since the Great Recession officially ended, the housing market still shows few signs of picking up. And it could get worse before it gets better.

Looking further back, home prices have now hit their lowest point in two years, falling 0.7 percent below March 2009 levels, according to a recent report by Clear Capital. And that finding, the report contends, would seem to indicate that the housing market has all but officially double dipped.

The continued decline of the housing market shows few signs of letting up. Compared to this point last year, Clear Capital reports, home prices have dropped by 5 percent nationally. In just the last nine months, housing prices fell 11.5 percent, the fastest rate of decline since 2008.

See the cities with the greatest quarter-over-quarter decline in home prices at The Huffington Post.

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nikkitytom

Yep AOL has done it again. A "Teaser" headline and then nothing .... either the headline has no relevance to the drivel they've posted or, like this one, you have to click onto another site to find the cities. These is a blue hyper-link to the Huffington Post. But why not just list the cities?

They have another nasty feature ..... mostly on the "women's interest" sites. Giving that same nasty LIST of crap all divided up into endless photos .... each with a tiny bit of copy or even a single sentence .... but each one requiring a maddening "click". Just give us the BARE LIST ... if we want details then we can open the full article. Does AOL think our time has absolutely NO value whatsoever? Infuriating.

May 13 2011 at 2:07 AM Report abuse rate up rate down Reply
ddc0707

Welcome to AOL. They get your attention by the headline and then you either have to "click" deep on many links to get what they talk about or you don't get it at all. Like this one. There is no 10 cities listed.

AOL, what a joke!

May 13 2011 at 12:52 AM Report abuse +1 rate up rate down Reply
Penny Jim

So we are in denial about what has happened since we started our social engineering to make all of us equally poor. Wake up and understand that there is no one to help people to keep their houses. As a matter of fact there will be a continual slide all the way down to who knows where make sure we all feel the pain that the socialist liberals want us to feel.

May 12 2011 at 11:01 PM Report abuse +3 rate up rate down Reply
sheiden3

Where are the ten cities????

May 12 2011 at 10:56 PM Report abuse +1 rate up rate down Reply
wrgmwil

cant find the 10 cities

May 12 2011 at 10:23 PM Report abuse rate up rate down Reply
wrgmwil

cant find the 10 cities

May 12 2011 at 10:22 PM Report abuse +1 rate up rate down Reply
ggramas

AGREED.... WHERE IS THE LISTING FOR THE 10 CITIES.
ALSO, WE SPEND 50% OF OUR TIME IN FLORIDA AND 50% IN NORTHERN WESTCHESTER, NY
BEST OF ALL WORLDS, THANK YOU GREG G

May 12 2011 at 9:30 PM Report abuse rate up rate down Reply
lenlesch

yes where are the citeis/ Why this B>S>? You guys are begining to suck!

May 12 2011 at 6:14 PM Report abuse rate up rate down Reply
canienaga

One has to realize that home prices, especially on the West Coast and Southwest went up so high from 2000 to 2005, that the prices that are now on the market, probably represent more of what the home is actually worth. Had we had some form of financial reform and regulations between 2000 and 2005, we probably would not be in the mess we are today. Remember the subprime mortgages, they were the "kiss of death" to real estate.

May 12 2011 at 1:31 PM Report abuse +1 rate up rate down Reply
timesharepals

Check out this house>>>>>>>> HAR HOUSTON AD# 49468281
I Like it!

May 12 2011 at 11:33 AM Report abuse -1 rate up rate down Reply