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Standard & Poor's forecast a decline in housing prices in the US in 2011

18.11.2010
Homesoverseas.ru editorial office
40
Standard & Poor's experts believe that housing prices in the US will be reduced by 7-10% in the next year. Stabilization of prices in their opinion is not expected before the end of 2011. Cost reduction is largely due to low demand for housing, which persists despite record low mortgage rates. According to the latest price index, housing prices, after rising in the first half-year decline for the second month in a row. "We are seeing a decline in prices across the country, with the exception of seven states", - said Mark Fleming, chief economist for CoreLogic. According to the CoreLogic index most strongly in housing prices fell in Indiana (14%), Alabama (9%), Mississippi (8.3%), Florida (7.7%) and New Mexico (7.5%). Only seven states, including California and New York was marked by a slight increase in prices, not exceeding 3%. On this Site www.propertywire.com
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57 351 €
2 bedrooms
build area 67 sq. m
plot area 4500 sq. m
negotiable price
garage
downtown area
selling by owner
from 7 994 681 €
3 bedrooms
build area 418 sq. m
pool
furniture
terrace
seller: NF Group
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build area 158 sq. m
furniture
seller: NF Group