Monthly Home Value Report
The Case-Shiller value data were released today. Once again values dropped slightly in South Florida but there's a lot more misery in other parts of the country (if that makes us feel any better). There are 20 metropolitan areas measured in the report and only San Diego, CA had a month-over-month increase and (HERE'S the good news) of those that lost value, South Florida had the smallest decrease of the remaining 19 cities. There are some new places cropping up with significant value decreases year-over-year (6.5% or more); Atlanta, Chicago and Portland, Oregon. South Florida's annual change as of November 2010 was 3.5%. There, doesn't that feel better?
Tuesday, January 25, 2011
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