From Housingwire comes a report from Altos Research that home prices were down 1.63 percent in December and new listings were entering the market with an even steeper decline. The report indicates prices fell in each of the 27 markets studied by Altos. Prices fell 4.77 percent in San Francisco, 3.71 percent in San Diego and 3.16 percent in Minneapolis. The report also notes the major damage being done to prices comes from the shadow inventory of foreclosed and repossessed homes. In a separate item, Clear Capital reports U.S. home prices were 4.1 percent lower in 2010 that 2009 and prices are expected to fall another 3.6 percent over 2011. Clear Capital reports prices fell in 70 percent of the major markets in the U.S, and half, including Columbus, Ohio, Tucson, Dayton, Milwaukee, New Haven, Jacksonville, New Haven, Richmond and Virginia Beach experienced double-digit drops. Clear Capital expects all but Columbus and Milwaukee to experience double-digit declines in 2011.