”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.
Buzz: Home prices declined in two-thirds of U.S. metro areas this summer with the priciest markets suffering the most depreciation. Almost inexplicably, Los Angeles – the nation’s sixth-priciest market – had the biggest price gain in the July-to-September quarter.
Source: My trusty spreadsheet reviewed the National Association of Realtors’ quarterly report on the median selling price of existing, single-family homes in 185 metropolitan areas in the July to September period.
Topline
Rising mortgages finally caught up to what many U.S. buyers would
→ Continue reading at Silicon Valley