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Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year

For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It's the first time in 3-plus years that the benchmark housing index has shown such strength.

According to a Case-Shiller Index spokesperson, "The rate of annual decline in home price values continues to improve."

It's yet another sign that housing may have already bottomed.

However, just because the Case-Shiller Index shows a stabilization in home values, that doesn't necessarily make it true. This is because real estate happens on the local level and the Case-Shiller Index is more "national". It tracks data in just 20 U.S. cities.

Homeowners everywhere else are.......

Read the COMPLETE BLOG HERE:

Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year

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Chris is Florida's #1 FHA Mortgage Broker and a syndicated mortgage blogger. He is regular contributor to the three leading industry blog-fronts including The Mortgage Chili Blog, My FHA Mortgage Blog, Top of Mind Networks, the newest contributor to Lenderama and recently featured on Fox35 News.

Chris can be found at
Orlando FHA Loans,
Chris[at]OrlandoMortgagePro[dot]com,
or by calling 407.377.0500 x 210

The FHA Mortgage Pro

that FHA Mortgage Pros go to

when they need an FHA Mortgage Pro.

Orlando FHA Loans | MortgageChiliBlog.com.

Posted by Chris Brown - Florida's #1 FHA Mortgage Broker | Syndicated Mortgage Blogger on 10/28/2009 04:29 AM

Comments (3)

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3 Comments on Home Values In 95% Of Case-Shiller Markets Are Improving Year-To-Year

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Case-Shiller combines MD/DC and VA in one market, therefore, making it useless to the average agent and consumer.

Actually, I really like this for looking at the overall recovery in a snapshot kind of way. Thanks, I think I will use this.

@Lenn - i can see how that may limit it's value! =0(

@Nancy - make use of it - glad you find it to be useful. You may chose to subscribe to my main blog for more content that is useful http://www.MortgageChiliBlog.com

C the i

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