Values Dip Slightly

Case-Shiller Value Index number released today show a return to value decline of just under 1-half of 1-percent in October; the first month of decline since June. Don't dispair gentle readers; this is going to happen and is necessary since, if the rate of appreciation experienced in June through September was maintined, we'd be in a boom cycle similar to the middle of the decade. 

Making Home Affordable
On December 1st the Obama Administration announced efforts to revive efforts for loan modification and other options for homeowners caught in true financial hardship. 

Price Correctly and You'll SELL

Forbes Magazine has identitified the 10 most over-priced real estate markets in the country.  The comparison was the median initial list price to the median price when the property actually sold.  The smart seller, who prices correctly, will be able to take advantage of this condition and sell far more quickly than neighbors that tenatiously hold to prices that aren't market-based.

1. Orlando

2. Miami-Fort Lauderdale-Pompano Beach

3. Jacksonville, Fla.

4. Baltimore-Towson

5. Chicago-Naperville-Joliet

6. San Antonio, Texas

7. Denver-Aurora

8. Tampa-St. Petersburg-Clearwater

9. Indianapolis-Carmel

10. Austin-Round Rock