Country: United States
27 May 2009
The average price of a USA property fell by 19.1% in the first quarter of 2009 compared to the same period of 2008, according to the S&P/Case-Shiller home price index for March and the entire first quarter. The decline is the largest in the index's 21-year history.
Nationwide, average home prices have fallen 32.2% since their peak in the second quarter of 2006.
In New York, residential prices fell 2.5% between February and March of this year, a record drop, and 11.8% year-over-year. Nevertheless, average prices are still in the city remain 73.4% higher than January 2000.
No such good news for homeowners in Detroit, home to the collapsing US car industry. Average residential prices are down 29% since January 2000 and – unbelievably – back to 2005 levels.
Prices in Phoenix, Arizona, have tumbled 53% since their peak in June 2006, while values in Las Vegas are also down over 50%
Despite greater consumer confidence in the States, and preliminary green shoots of an economic recovery, prices in Minneapolis depreciated by a staggering 6.1% month-on-month in March, the largest drop of any metropolitan area in the history of the indices.
See Also: USA
Price: £39,393
Type: Apartment
Bedrooms: 2
BMV Condos in luxurious Venetian Place, Orlando. 60% plus discounts, closing costs paid, tenanted, 8-10% return! Investment of a lifetime! Waterfront views, resort style living!
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Price: £42,424
Bedrooms: 3
Ideal investment, new build 1 bed apartment in City Centre, 5th floor, 37m2, lift, balcony, tenanted, excellent valie at €105,000 only. Typical pictures only.
Price: $70,000
Type: House
Great location at Lakewood Ranch without the CDD fees. Private and quiet in the back of the community. Has an attached garage. Community offers lovely amenities.
Room Dimensions:# Bedroom 2: 11x10# Master Bedroom: 11x11# Kitchen: 11x11
Price: $79,000
SHORT SALE......one of the original Conch houses in Englewood. This home has lots of character you will not find newer homes today. Plaster walls, clay tile flooring, original tray ceiling. .Great location in downtown Englewood...1 block north of W.
Price: £66,606 (GBP)
Type: Detached
3bed/2bath pool home, Calabay Park at Tower Lake Ph 2, built 2007, 1554 sq ft. Spacious kitchen features island and pantry. Master suite has his/hers walk-in closet. Cover lanai and screened in pool! Close golf and theme parks.
Price: $110,000
Short Sale. A charming Tri-Plex (house and 2 Units) with POSITIVE CASH FLOW in downtown Sarasota (Gillespie Park).A fast appreciating area.
Price: $114,900
Nice, clean, private, freshing painted 2010, roof 2003, hot water tank 2004, lg fenced private backyard. Nice wood deck for entertaining and enjoying the beautiful Florida weather.
Englewood Isles condo, small complex w/pool and located on a canal. Complex has right of use docks, pool, lovely tropical grounds, and conveniently located. This lovely condo is being sold totally TURNKEY FURNISHED. Immaculately maintained! Must see!
Price: $119,000
Property Description:Beautiful lake views with plenty of wildlife make this a charming home in Sarasota Springs. Home has newer AC & water heater, and a "Permaguard" roof, needs some updating throughout the home, but move in condition.
Price: £131,000
Bedrooms: 4 Bathrooms: 3
5 mins from Walt Disney World ®. Relax in your own optional pool, take a stroll by the natural pond.
Price: $242,000
Bedrooms: 3 Bathrooms: 2
Venice Golf & Country Club: Enormous master suite, second suite area, lanai and summer kitchen. 2 car garage.
Price: $195,000
Blackburn Harbour: between Venice & Sarasota. Boat mooring available. Perfect investment or second home.
Price: $350,000
Bedrooms: 4
Osprey, Sarasota County: 3,000+ sq ft. living space. Huge fenced backyard. Deep sailboat water dockage.
