Tuesday, February 23, 2010

Housing Prices Have Best Improvement Within Last Three Years

From CNNMoney.com- After 2009, housing prices are no longer on the decline.   Could be the best time to purchase your first home now!  To read the rest of the article, click here.

NEW YORK (CNNMoney.com) -- Home prices fell just 2.5% during the last three months of 2009 compared with the fourth quarter of 2008, according to a closely watched gauge of home price movement. That was a big improvement over the past three years.

National prices peaked during the second quarter of 2006, according to the S&P/Case-Shiller Home Price Index, then dropped a total of 32% before bottoming out during the first quarter of 2009.

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