Home Prices On The Rebound

Home prices rebound National housing prices dropped 32% from the peak in Q206 to trough in Q109 and rebounded 6.3% by the end of 2009, according to a Standard & Poor’s (S&P)/Case-Shiller home price index annual report. S&P chief economist David Wyss projects housing sales and starts to drop over the winter, but to remain… Read More

Top 10 Local Stories: Looking back at the year we went for broke (The Source Weekly)

Bank Bust The fallout from the national housing market implosion was the financial story of the year. Billions of dollars in bailout money for big banks and foreclosure notes for families with leaking adjustable rate mortgages. And the story dominated headlines, certainly for the first half of the year. Closer to home, local banks, many of whom were heavily leveraged in Bend’s volatile housing …