News Sections
Home Prices Dropping To A New Low
Updated May 5, 2013 12:09 AM | Filed under: Network Indiana
 Print    Archive    RSS

(UNDATED) - Home prices are dropping to a new low.

The latest S&P/Case-Shiller Report shows the national home price index dropped by 4.2% during the first quarter.

Analysts called the data further evidence of a continuing "downward spiral" in home prices.

However, Greg Cooper of Prudential Realty Richwine Group says it's not as bad in Indiana.

He says the numbers don't reflect the climate in Indiana. He says it's much worse in places like Las Vegas, Phoenix/Scottsdale, Southern California and parts of Florida because there were hundreds of homes built with the exact same floorplan, and Indiana doesn't have that.

« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW

1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2018 Ad-Venture Media, Inc. All Rights Reserved. and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback  |  Public File