A 0.4% gain in December brought the 2012 jump in U.S. home prices to 8.3%, according to...


A 0.4% gain in December brought the 2012 jump in U.S. home prices to 8.3%, according to CoreLogic. Prices for non-distressed homes rose 0.9% in December. National home price prices are now down 26.9% from the April 2006 peak.

Comments (3)
  • Chris DeMuth Jr.
    , contributor
    Comments (10625) | Send Message
     
    We bought three properties this past year and bid on a fourth. Prices appeared somewhat low and borrowing is dirt cheap. We're also looking at an inn, a motel, and a ski resort. Prices were so high for so long, but then seem to have overshot on the way down.
    5 Feb 2013, 09:56 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
     
    A ski resort...just curious, where? Are you buying it for the assets or for the business? Tough business, there are several in bankruptcy or barely limping along. Bruce Willis couldn't sell his so he gifted it to a 501(c)3.
    5 Feb 2013, 02:46 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (10625) | Send Message
     
    Maine. Just for the asset value.
    5 Feb 2013, 03:01 PM Reply Like
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