Friday, April 3, 2009

周一的local 新闻一则

Cardinal Health本周一lay off了 200.

The closely watched Case-Shiller index, which tracks prices across twenty major cities, shows that through January the crash of house prices was getting worse, not better. 让那些分析家们说着了:before it's getting better, it will get worse. 

The crash has really spread, too. Minneapolis is down 20% and Chicago 16%. San Francisco, which had held up pretty well, has now turned in spectacular fashion. Prices there have fallen 32% in the past year, worse even than San Diego or Los Angeles.

看到了吧, Even than San Diego...

Certainly there are great deals out there. It is a buyer's market. The aggressive and opportunistic can probably find the worthwhile bargains. 这个呢,我有证明,最近work on 的都是给了比较low 的offer, 但是卖主还是很卖力的一次一次的counter. 

Is there a bullish scenario for house prices? Sure. If all the government spending to turn around the economy reignites inflation in a year or two—as some predict—house prices could begin climbing again. But if the current price deflation continues, look for house prices to keep dropping.