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Baltimore, MD
Total Net Sales New home sales in the Baltimore market totaled 743 in the first quarter of 2008, a 45 percent plunge from the 1,354 net sales reported during the same period in 2007. The most nominal decline in net sales occurred in Anne Arundel County, where total net sales fell less than 8 percent.(Source: Baltimore New Home Executive Summary)
Central Valley, CA
Median Price Trends In the Central California region, the median price for a detached home sold in the first quarter of 2008 decreased 15% when compared to last year, finishing at $355,849. The Kern County and Central Valley markets showed the largest losses, both at 17%, while the Fresno market was not far behind the two at 8%.(Source: Central Valley New Home Executive Summary)
Las Vegas, NV
Permits The total number of
residential permits issued over the past twelve months at the end of first quarter 2008 dropped to 21,600 units, down 17% when compared to the same time period a year ago. Permit levels did see a spike during the fourth quarter of 2007 in part to a
large increase in multifamily permits pulled from some of the larger
attached projects... (Source: Las Vegas Market Snapshot)
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