Bottom Close for Housing Prices?

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	Bottom Close for Housing Prices?

Tom Van Riper

7-30-2008 11:01 AM

1108 views

Tom Van Riper says:

Home prices are still slumping around the country. But five major metros have seen an upswing since the spring.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7d8eb63d-f7ac-4748-b152-252d8ec6c4d5/F83797C2-EFD0-4B5B-9782-0A63E07EE7F9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.boston.com/business/articles/2008/07/30/boston_house_prices_show_some_spring/" href="http://www.boston.com/business/articles/2008/07/30/boston_house_prices_show_some_spring/" style="font-size: 11px;">www.boston.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.boston.com/business/articles/2008/07/30/boston_house_prices_show_some_spring/">Metro Boston was one of just five US metropolitan areas with rising house prices during that period. Other cities posting at least two months of rising prices were Charlotte, N.C., Dallas, Denver, and Portland, Ore.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.boston.com/business/articles/2008/07/30/boston_house_prices_show_some_spring/">Michael Lynch, an economist for Global Insight, a Waltham economic consulting firm, said he would not change his forecast based on Case-Shiller's results. He predicted Boston's house prices will not start to turn up until the middle of 2009.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F83797C2-EFD0-4B5B-9782-0A63E07EE7F9/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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