One in five housing markets entered a second leg of home price declines in late 2009, after showing price increases for nearly half of last year, according to a report released Wednesday by Zillow.com, a real-estate Web site.
In 29 of the 143 markets tracked by the site -- including Boston, Atlanta and San Diego -- prices flattened or began to decrease again in the second part of last year, after five or more months of consecutive monthly increases, according to the site's fourth quarter real-estate market report.
Friday, February 12, 2010
Reversal of fortune: After trend of rising prices, some housing markets see about-face
Marketwatch reports:
