How far back have home prices in Charlotte, NC, fallen? The charts below from John Burns and Case Schiller, give a good insight. Thanks to Calculated Risk for crunching the numbers and providing the charts.
John Burns uses median price information: (Click on Image for larger Picture)
Looking at the Case Schiller Index, the story for Charlotte is a few month's different: (Click on Image to see Clearer):
Tough to read the graphics? That's ok, here is the cliff note version:
John Burns: Charlotte is back to May, 2006
Case Schiller: Charlotte dropped back to December 2004 or so. About the same as Dallas, Texas, and four years better than Atlanta.
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