[mEDITate-OR:
believe that the RE crisis is obviously getting much better...
Tis, of course, the crisis stupid...!
not the turnaround
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Since November 2009, only 4 cities are up -- Washington DC, San Diego, Los Angeles, and San Francisco.
Phoenix, Portland, Detroit, Chicago and Atlanta are all down more than 6% year over year.
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While nearly all cities saw some kind of bounce off of their lows last year
many have now double dipped to new lows.
Nine cities hit new multi-year lows in November
including all cities tracked in the southeast portion of the US -- Miami, Tampa, Atlanta and Charlotte.
Chicago, Detroit, Las Vegas, Portland and Seattle are the other five cities that are back to new lows.
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November Case-Shiller Housing Numbers
http://seekingalpha.com/article/249014-november-case-shiller-housing-numbers?source=dashboard_macro-view
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