Case-Shiller Index For SoFLA Better than National Results
So, in real estate these days we find our silver linings wherever they crop up and today's Case-Shiller Index report provides just such treasure only SLIGHTLY tarnished. Media outlets are reporting a decline in home values of 2% in October 2010 (the most recent period analysed by the Index) but that figure is the average for the nation and as we all know, real estate is a LOCAL marketplace. Readers of this humble blog will be able to impress their friends at the remaining holiday parties by pointing out that the change in value in South Florida was 'only' -1.1%.
Tuesday, December 28, 2010
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