Thursday, November 02, 2006

Home Prices Drop, Mortgage Rates Rise

The median price of a new home in the United States dropped to $217,100 in September, a 9.7 percent decline from September 2005 and the biggest annual fall in more than 35 years, according to the Commerce Department. That median price was the lowest since September 2004, and the annual decline also was sharper than the 2.5 percent drop in the price for existing homes reported in September, the largest annual plunge on record.


Anonymous said...

Hi, my name is Max Eydelman and I'm a representative of is an aggregate of Chicago area blogs, which combines posts to create more compelling content for the viewers. Basically, the member blogs gain exposure to a wider audience without needing to constantly keep up with that audience's hunger for new content. I have been following your blog and would like to start including links to some of your entries on our site. The best part is that it requires no additional effort from you - we'll be reading all of your entries and link the ones we believe will gain traction with our audience.There is no fee, all we ask of you is to post a link to our site on your blog. We plan to begin operations before the end of the month, but we need to get an email response from all prospective members before the 26th of November. If you have any other questions, please feel free to email me.

Thank You,

Max Eydelman

Anonymous said...

Blog about ashland oregon real estate agent


Enjoyed the blog - nice to see someone else has activated their anonymous feature ;-)

I'm interested in investing in the real estate market in the US and am looking for some really cheap repossession properties in Beverley Hills, Santa Barbara, Denver, Colorado, San Francisco, Fort Lauderdale, Iowa, Hawaii, British Columbia, New Jersey, New Hampshire, New England, Minnesota, Miami, Florida, California, New York, Washington, Dallas, Texas, Chicago and Los Angeles. I've found a couple of really good sites - Bargain network which has some really cheap homes and Texas Ranches for sale - ranches in Texas plus both sites have beachfront villas and cars that have been repossessed and are really cheap!! Just wondering if there are any more sites like this.

Thanks for this.


Anonymous said...

I know you've got a great post and I thank you for sharing it. It would be too selfish on my part if I don't share this link to you: