Wednesday, November 10, 2010

Minneapolis housing values in near freefall

A new report from has Minneapolis home prices in near freefall.  Since the housing market peak home values in Minneapolis have dropped 28 percent. The year over year decline has been almost eight percent; almost 37 percent of the homes in the city have negative equity. Detroit, Orlando, Miami and Phoenix have experienced 50 percent or greater falls in value since the start of the downturn.

1 comment:

James K said...

May or may not be on topic but this is a good speech: