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Old 03-24-2010, 04:04 PM
 
357 posts, read 799,863 times
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Double dip is double speak for "depression".
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Old 03-24-2010, 04:36 PM
 
5,453 posts, read 9,301,795 times
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I really don't know how accurate this is tho.....yesterday there was another article listing the top 10 worst markets etc and none of the cities that Zillow lists was there.........

I am starting to think that media is just trying to confuse people! ( well, that's really not new......)

housing's big "shadow" up to 10m more homes could be for sale zillow.com says: Tech Ticker, Yahoo! Finance


Quote:
Originally Posted by housingcrashsurvivor View Post
At least we haven't been identified as a double dip market (tough to double dip when you haven't come out of the first dip)...

Home Prices ‘Double Dip’ in 12 Cities, Zillow Says (Update1) - BusinessWeek

"Double Dip Markets
The double dip in home prices through January also was seen in Colorado Springs and Greeley, Colorado; Augusta, Georgia; Columbus, Ohio; Harrisburg and Lancaster, Pennsylvania; Little Rock, Arkansas; Green Bay, Wisconsin; Greensboro, North Carolina; and Lincoln, Nebraska, according to Zillow.
Ten other markets, including Boston and Denver, “seem poised for a double dip,” the company said.
Zillow still expects home values to bottom out by June, said Humphries."
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Old 03-25-2010, 06:56 AM
 
27,214 posts, read 46,745,966 times
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Quote:
Originally Posted by algia View Post
I really don't know how accurate this is tho.....yesterday there was another article listing the top 10 worst markets etc and none of the cities that Zillow lists was there.........

I am starting to think that media is just trying to confuse people! ( well, that's really not new......)

housing's big "shadow" up to 10m more homes could be for sale zillow.com says: Tech Ticker, Yahoo! Finance
On this I can agree with you!

Also the media is on many occasions not telling what areas they are mentioning since even in one State the housing market can and will be different from County to County and even within the County it can be different for various reasons.
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