UPDATE: Home prices hit post-downturn lows

[ixion]

By Tom Bayles

Published: Tuesday, February 22, 2011 at 10:01 a.m.
Last Modified: Tuesday, February 22, 2011 at 10:01 a.m.

Home prices fell in nearly all major cities tracked by an influential index — and the experts behind the measure are unsure whether, broadly speaking, the housing market is anywhere near a bottom.

Both Tampa and Miami were among the 11 markets in the Standard & Poor's/Case-Shiller 20-city index that hit new lows since the housing bubble burst in 2006-07.

Prices fell in every market except Washington, D.C., while the overall index dropped 1 percent in what was its sixth straight month of declines.

http://www.heraldtribune.com/article/20110222/BREAKING/110229903/2055/NEWS?Title=UPDATE-Home-prices-hit-post-downturn-lows

I live in the Sarasota-Bradenton area, and it's a mess here.

[jtuck004]

1. Dr Housing Bubble did an article a week or so ago which showed

1 house listed on the MLS, with scores of others behind it that were purposely, apparently, not listed, yet available. SOmethign to try and prop up the price for awhile, perhaps.