Tuesday, January 26, 2010

Home Values Flat In November
The Case Shiller Value Index figures for November 2009 were released today.  Values in the South Florida market for single family homes remained flat resulting in an annualized change of -9.65% for 2009.  While this may not sound like great news; it represents a pretty dramatic turn-around from 2008 when values declined 29.44%.  The correction continues but the days of free-fall are (hopefully) over.