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Home Prices Are Recovering from Recession, Not Out of Woods Yet

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S&P Case-Shiller Home Price Index

home prices rising Home Prices Are Recovering from Recession, Not Out of Woods YetDespite today’s S&P Case-Shiller home price index report showed home prices at 9% lower than last year, the third quarter upturn of 3.1% is catching the attention of analysts nationally as we experience the second quarter in a row with rising prices.

This change is of importance because prices had been declining and at one point experienced a 19% decline when comparing the first quarter of 2009 to 2008 and this change gives industry insiders reason to be optimistic.


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Various areas are seeing different results, but PropertyMaps.com CEO, Jeff Chambers noted good news, saying that “while the prices in Austin are basically still flat, we’re seeing more deals come through and closing faster.”

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Lani Rosales

in Economic News
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AGBeat Chief Operating Officer: Lani, named one of Real Estate's 100 Most Influential, as well as 12 Most Influential Women in Blogging, is a business and tech writer hailing from the great state of Texas in the city of Austin. As a digital native, Lani is immersed not only in advanced technologies and new media, but is also a stats nerd often buried in piles of reports. Lani is a proven leader, thoughtful speaker, and vested partner at AGBeat.

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  • http://twitter.com/propertymaps/status/6054834853 PropertyMaps.com

    @agentgenius Home Prices Are Recovering from Recession, Not Out of Woods Yet http://bit.ly/8O8T9x

  • http://twitter.com/realzi/status/6056277353 Realzi

    RT @PropertyMaps: @agentgenius Home Prices Are Recovering from Recession, Not Out of Woods Yet http://bit.ly/8O8T9x

  • Pingback: Are Home Price Values Finally Leveling Out?

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