Wednesday, July 28, 2010

Single Family Home Values UP
After several months of small declines, the Case-Shiller Value Index for South Florida reported a monthly increase for May (the most recent month reported).  This is encouraging news since the trend that was developing projected a drop in value of around 10% for 2010.  Let's hope this bit of bright news will keep us bumping on the bottom and give us some hope of a break-even or possibly slight increase in value for the year.