The Case Shiller Index came out today, and it was not so good news for the entire country. It was a steep drop for most of the country. Luckily, Portland is still hanging on by the tips of our fingers. Take a look:
Rate = City
-1.8% = Charlotte
-2.5% = Dallas
-4.7% = Denver
-5.4% = Boston
-6.6% = Portland
-7.4% = New York
-7.8% = Cleveland
-8.2% = Seattle
-8.2% = Atlanta
-10.0% = Chicago
-13.1% = Minneapolis
-15.8% = Washington, D.C.
-16.7% = Detroit
-19.4% = Tampa
-24.8% = San Francisco
-25.0% = San Diego
-26.2% = Los Angeles
-28.2% = Miami
-29.3% = Phoenix
-29.9% = Las Vegas
I think that when the bail out eventually happens, lenders will be more willing to lend money to people. This will put more buyers in the market, which means home prices will stabalize some more. I just count my blessings that I am not in Souther Cali, Arizona, or Florida. For those of you who are in this states, hang on! It will all be over soon!
As my boss says, if you are still in this industry now, you really love it.
Hang on!
At Rose City, we are all about helping the community. I am on the steering committee for AIDS Walk Portland ( I was there last year as well) If anyone would be interested in donating some money, or if you are in town walking, please look at the link below! Thanks!
Hey all,
I am about to purchase car decals, nice ones, for my new website (www.JakePlanton.com). I am going to put it on my car. I was wondering if anyone has done this, and what kind of results they have recieved. Let me know, thanks!
What do people think of Twitter? I have a Twitter account, and I love posting to it. But, I do write a lot of political stuff on it. I try and keep my business views separate from my political views. But, I think there is potential there to really connect with my clients. Do any of you use Twitter? And if you do, what do you think of it?
Anyone benefit from using it?
I am very, VERY curious what everyone on Active Rain thinks of this financial market breakdown? China just cut rates for the first time in 6 years, and people are saying that the Fed has to cut rates. Think they will?! I am updating my blog on my website all day long, and I would love to see what other people think of this. Thanks!
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