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home sales rise: Sellers, Are You Ready For Some...wait for it.............GOOD NEWS????!!!! - 08/26/09 08:22 AM
First, let me be clear...everything is relative in this market.
Good news isn't exactly what it used to be, but considering the L  O  N  G, steady decline in home prices over the last 3 years, any mention of news about an increase in home prices is music to the ears of most homeowners/sellers.
Again, it's important to note that home prices are still in decline when compared to last year, but the  S&P/Case-Shiller Home Price Indices (the leading measure of home prices in the United States), actually reported that the U.S. National Home Price Index improved in the second quarter of 2009.
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Mike Kinlaw

Jefferson, GA

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Prudential Georgia Realty

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