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United States Home Prices Climb for 2nd Straight Quarter in 2010

According to a recent article by Les Christie, CNN Money.com staff writer on November 24, 2009:

Home prices have now risen for the second consecutive quarter, even though they still remain about 9% lower than a year ago (2008).

Les Christie States:

"Prices nationwide rose 3.1% in the three months ended Sept. 30, according to the S&P/Case-Shiller Home Price Index, a closely watched gauge of housing market direction. That followed a similar 3.1% rise during the second quarter of the year.

Prices were still below a year ago, however, down 8.9% compared with the third quarter of 2008. Nevertheless, that's an improvement from the double-digit price decreases the index had been reporting; the second quarter year-over-year decline was 14.7%. Prices had dropped 19% year-over-year during the first quarter of 2009."

To read the complete article, click here: More from CNN Money...

Great news for those who are looking for price stability in the market.  Prices have been rising now nationwide for 6 months.

For more information on a number of great deals in Las Vegas and Henderson Homes for Sale, contact:

The Natale Team
Prudential Americana Group
871 Coronado Center Drive #100
Henderson, NV 89052
Office # (702)315-7867
Fax # (702)315-7866



http://www.buyvegashomes.com/00A3A6
Posted on November 24, 2009 10:25:46 by Michelle Natale

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