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daa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-10 11:17 AM
Response to Original message
1. I guess you missed this
BY TESS STYNES AND KATHLEEN MADIGAN
U.S. home prices declined in October from a month earlier, according to the S&P Case-Shiller home-price indexes, while its 10-city index and just four major markets showed year-to-year increases.

The year-to-year increases were seen in Los Angeles, San Diego, San Francisco and Washington. While composite prices remain above their spring 2009 lows, six markets hit their lowest levels since home prices began dropping in 2006 and 2007: Atlanta, Charlotte, N.C., Portland, Ore., Miami, Seattle and Tampa, Fla.

David Blitzer, chairman of S&P's index committee, said, "The double dip is almost here, as six cities set new lows for the period ...

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