The prices of single-family homes in 20 major cities fell a non-seasonally adjusted 1.0% in November, according to the S&P/Case-Shiller home price index released Tuesday, January 25th by Standard & Poor's.
This is the 4th straight monthly decline. Prices have moved down 1.6% in the past year. This is the second consecutive month where annual growth rates decelerated. Home prices declined in 19 of the 20 metropolitan areas tracked by Case-Shiller in November compared with October.
As national housing prices decline, the local housing market in Brooklyn NY has been getting tougher and tougher. It is really hard to sell. It is not uncommon that a house remain unsold for 8-10 months.
Therefore, if you are having a hard time selling your house in Brooklyn NY, you are not alone. The chances are that it is NOT about your house, it is about the depressing housing market.
But please don't get discouraged. Let us help you.
As local real estate investors, We Buy Houses "As Is" for Cash in Brooklyn NY. We Pay Cash and there is NO FEE for you. And the good thing is that we can close within 10 days or less under normal circumstances.
Please call our Toll Free 24HR Recorded Message System at 1-888-282-0423. Or Visit our website at WeBuyHousesNYC.com
No comments:
Post a Comment