Case-Shiller: U.S. Home Prices Wrapped Up 2011 At Fresh Lows
Forbes- February 27, 2012
Only one city in the S&P/Case-Shiller 20-city index of home prices showed an annual gain last year, and it was not one you would expect. Detroit was up 0.5% in December compared with the same month in 2010, while cities like Atlanta, Las Vegas, Seattle and Tampa all made fresh lows as the 20-city index dropped 4% from a year earlier. The 10-city and national composite were 3.9% and 4% from the fourth quarter of 2010.
Case-Shiller: Home prices drop again — How does your city stack up?
The Washington Post- February 28, 2012
The Standard & Poor’s/Case-Shiller home price index offers a monthly assessment of how home prices are faring from city to city. In the most recent report, only two cities saw an increase in prices from the previous month.
Long-term transportation bill faces detours
Politico – February 27, 2012
The machinations of transportation bills in Congress may seem like the kind of inside-the-Beltway politics that make the rest of the country snooze.
Fannie to sell 2,500 foreclosed properties
MarketWatch- February 27, 2012
Fannie Mae is offering to sell nearly 2,500 foreclosed properties to investors as part of a new federal initiative to aid the housing market by selling off distressed properties in bulk, the company’s regulator said Monday.