Palm Springs, Calif., has been a redoubt for snowbirds and show business royalty at least since the 1930s.
Cities Where Home Prices Are Falling
December 31, 2014
A total of 10 major cities reported a drop in home prices during the month of October, according to data released by the S&P/Case-Shiller.
Chicago and Cleveland reported the largest monthly drops in home prices during October. Home prices fell by 1 percent in Chicago and 0.7 percent in Cleveland. Home prices dropped by 0.8 percent in Tampa and 0.5 percent in Boston, Denver, and New York.
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