The Beginning of Giving Houses Away.
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http://www.time.com/time/business/article/0,8599,1152983,00.html
Vegas Condos Go Cold
Developers are suddenly scaling back their bets on the town's once sizzling luxury real estate market
Vegas Condos Go Cold
Developers are suddenly scaling back their bets on the town's once sizzling luxury real estate market
how can this be???!!! owp 
http://www.washingtonpost.com/wp-dy...25/AR2006012502044.html?referrer=emailarticle
""In a report yesterday, Goldman Sachs Group Inc. said the December figures suggest that 'housing market conditions are deteriorating rapidly.' The $7,000 drop in median home price from October to December, Goldman Sachs said, is the largest two-month drop in prices in years and must be taken seriously as a 'potential sign of a sharper-than-expected weakening in the U.S. housing market.'"
http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20060126/BUSINESS/601260399
"A national cooldown in the housing market made itself felt in Southwest Florida..the weakness was even more pronounced during December, with sales dropping 42 percent in the Sarasota-Bradenton market and 25 percent in Charlotte County-North Port. Meanwhile, listings in the region have been skyrocketing. In the most up-to-date snapshot for Sarasota, for example, there were 5,369 homes on the market. That compares with 3,525 at the end of November. 'The competition's fierce, and there's a lot of disappointment out there,' Heimann said. 'The investors have completely gone away."
http://www.washingtonpost.com/wp-dy...25/AR2006012502044.html?referrer=emailarticle
""In a report yesterday, Goldman Sachs Group Inc. said the December figures suggest that 'housing market conditions are deteriorating rapidly.' The $7,000 drop in median home price from October to December, Goldman Sachs said, is the largest two-month drop in prices in years and must be taken seriously as a 'potential sign of a sharper-than-expected weakening in the U.S. housing market.'"
http://www.heraldtribune.com/apps/pbcs.dll/article?AID=/20060126/BUSINESS/601260399
"A national cooldown in the housing market made itself felt in Southwest Florida..the weakness was even more pronounced during December, with sales dropping 42 percent in the Sarasota-Bradenton market and 25 percent in Charlotte County-North Port. Meanwhile, listings in the region have been skyrocketing. In the most up-to-date snapshot for Sarasota, for example, there were 5,369 homes on the market. That compares with 3,525 at the end of November. 'The competition's fierce, and there's a lot of disappointment out there,' Heimann said. 'The investors have completely gone away."