Lake California Homes For Sale-Housing Report-Case-Shiller Home Price Indices-January 26, 2010 –Cottonwood CA Homes For Sale
Data through November 2009, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices,
When it comes to buying a home we encourage our clients to drive their investment vehicle using the windshield far more than the rear-view mirror.
As a wise marketing consultant once said, "Every market presents opportunities, but the opportunities are different in every market."
The report shows:
- The annual rate of decline of the 10-City and 20-City Composites continue to improve,
- A continuing trend of 10 months of improvement
- 3rd straight month of single digit decline, after 20 straight months of double digit decline.
- Some new markets are moving into positive territory as their values increase.
- Home prices are far more stable than 1 year ago.
The complete report is available.
Buyers and Sellers seeking transaction assistance please contact:
Phone: 530-347-6122 Email: steve@chainrealestate.net
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