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New York Condo Prices Post Smallest Decline since Market Peak
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
New York Condo Prices Post Smallest Decline since Market Peak
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
New York Condo Prices Post Smallest Decline since Market Peak

February 15, 2012 (Jeff Alan)

Prices for condominiums in the New York area have experienced the smallest declines of the five major metropolitan areas since their housing market peaked despite the area’s first monthly price decline in six months according to Standard and Poor’s HouseViews.

Since their respective housing market peaks, New York has been the best performing market with condo prices falling only 14.0 percent since its peak while Los Angeles has seen prices decline about 40 percent, San Francisco about 35 percent and Chicago has seen area condo prices fall about 33 percent.

All five of the condominium markets covered by the S&P/Case-Shiller Indices posted a monthly decline in prices in November.

In California, the long slide in condo prices continued in November, with San Francisco suffering a monthly price decline of 0.3 percent while Los Angeles saw its prices decline 0.9 percent.

Condo prices in Los Angeles have fallen for 16 consecutive months leaving prices in the area 8.1 percent lower than in November 2010.

In San Francisco, condo prices have fallen seven consecutive months and 14 out of the last 17 months leaving prices 8.0 percent lower than in November of last year.

Condo prices in Los Angeles are now back to levels last seen in mid-2003, and in San Francisco, condo prices have dropped back to mid-2002 levels.

Chicago posted the largest monthly price decline of 3.8 percent and also had the largest annual decline of 9.7 percent. Condo prices in Chicago on average are back to mid-2000 levels, the worse of any of the five metro areas. The index for Boston fell 1.6 percent from October to November and is 2.4 percent lower than in November of last year.

New York posted its first monthly decline in prices in six months, falling 0.4 percent, and was 0.6 percent lower than a year ago. It was also the smallest decline in monthly condo prices of the five metro areas.

Tags: California, condo prices, S&P, Case-Shiller Index, Los Angeles, San Francisco, Boston, Chicago, New York, market prices

Source:
Standard and Poor

INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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A NEW CAR?

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HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

February 15, 2012 (Jeff Alan)

Prices for condominiums in the New York area have experienced the smallest declines of the five major metropolitan areas since their housing market peaked despite the area’s first monthly price decline in six months according to Standard and Poor’s HouseViews.

Since their respective housing market peaks, New York has been the best performing market with condo prices falling only 14.0 percent since its peak while Los Angeles has seen prices decline about 40 percent, San Francisco about 35 percent and Chicago has seen area condo prices fall about 33 percent.

All five of the condominium markets covered by the S&P/Case-Shiller Indices posted a monthly decline in prices in November.

In California, the long slide in condo prices continued in November, with San Francisco suffering a monthly price decline of 0.3 percent while Los Angeles saw its prices decline 0.9 percent.

Condo prices in Los Angeles have fallen for 16 consecutive months leaving prices in the area 8.1 percent lower than in November 2010.

In San Francisco, condo prices have fallen seven consecutive months and 14 out of the last 17 months leaving prices 8.0 percent lower than in November of last year.

Condo prices in Los Angeles are now back to levels last seen in mid-2003, and in San Francisco, condo prices have dropped back to mid-2002 levels.

Chicago posted the largest monthly price decline of 3.8 percent and also had the largest annual decline of 9.7 percent. Condo prices in Chicago on average are back to mid-2000 levels, the worse of any of the five metro areas. The index for Boston fell 1.6 percent from October to November and is 2.4 percent lower than in November of last year.

New York posted its first monthly decline in prices in six months, falling 0.4 percent, and was 0.6 percent lower than a year ago. It was also the smallest decline in monthly condo prices of the five metro areas.

Tags: California, condo prices, S&P, Case-Shiller Index, Los Angeles, San Francisco, Boston, Chicago, New York, market prices

Source:
Standard and Poor

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
HOME SELLING TIPS
If you are thinking of selling your home, chances are you’re caught up in a mass of emotions. Needs change and although you may be looking forward to this new adventure, you'll probably find yourself reluctant to leave your memories behind and face the overwhelming task of selling your home and moving.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

February 15, 2012 (Jeff Alan)

Prices for condominiums in the New York area have experienced the smallest declines of the five major metropolitan areas since their housing market peaked despite the area’s first monthly price decline in six months according to Standard and Poor’s HouseViews.

Since their respective housing market peaks, New York has been the best performing market with condo prices falling only 14.0 percent since its peak while Los Angeles has seen prices decline about 40 percent, San Francisco about 35 percent and Chicago has seen area condo prices fall about 33 percent.

All five of the condominium markets covered by the S&P/Case-Shiller Indices posted a monthly decline in prices in November.

In California, the long slide in condo prices continued in November, with San Francisco suffering a monthly price decline of 0.3 percent while Los Angeles saw its prices decline 0.9 percent.

Condo prices in Los Angeles have fallen for 16 consecutive months leaving prices in the area 8.1 percent lower than in November 2010.

In San Francisco, condo prices have fallen seven consecutive months and 14 out of the last 17 months leaving prices 8.0 percent lower than in November of last year.

Condo prices in Los Angeles are now back to levels last seen in mid-2003, and in San Francisco, condo prices have dropped back to mid-2002 levels.

Chicago posted the largest monthly price decline of 3.8 percent and also had the largest annual decline of 9.7 percent. Condo prices in Chicago on average are back to mid-2000 levels, the worse of any of the five metro areas. The index for Boston fell 1.6 percent from October to November and is 2.4 percent lower than in November of last year.

New York posted its first monthly decline in prices in six months, falling 0.4 percent, and was 0.6 percent lower than a year ago. It was also the smallest decline in monthly condo prices of the five metro areas.

Tags: California, condo prices, S&P, Case-Shiller Index, Los Angeles, San Francisco, Boston, Chicago, New York, market prices

Source:
Standard and Poor

HOME LOANS CAN BE CONFUSING
YOU'VE GOT QUESTIONS
WHAT TYPE OF MORTGAGE LOANS ARE AVAILABLE?
DO I QUALIFY FOR A GOVERNMENT INSURED LOAN?
WHAT CAN I EXPECT FOR A MORTGAGE INTEREST RATE?
WE MAKE IT SIMPLE
WE'VE GOT ANSWERS
CALCULATE YOUR MORTGAGE PAYMENT
BENEFITS OF REFINANCING YOUR MORTGAGE
ADVANTAGES OF GETTING PRE-APPROVED FOR A LOAN
THINKING OF BUYING
A NEW CAR?

WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
INSIDER CAR BUYING TIPS
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
BUYING VS LEASING
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
DEALER OR BANK FINANCING
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
BUYING ON THE INTERNET
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
AUTO LOAN CALCULATOR
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
HOME BUYING TIPS
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
SEARCH FOR A HOME
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

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