What's New at Moore Appraisals

California home prices were falling at a 28.85% annual rate in late October, worst decline in the nation, reports First American LoanPerformance. It’s the 18th consecutive month that California has taken that dubious honor.

Following California was Nevada (-24.54%); Arizona (-20.41%); Florida (-16.12%); Rhode Island (-13.30%) and  Hawaii (-12.69%.) Best in the nation was West Virginia, up 4.96%.

One glimmer of hope for Californians was that late October’s rate of decline was down for the second straight month, leaving the loss rate at its lowest since May.