Time for Investors to Get Serious?

I try not to beat the Case-Shiller Value Index to a pulp when reporting each month but there's another measure I track that is showing an interesting trend.  One of the indices reflects value in tiered pricing, that is high-priced, medium-priced and low-priced homes.  The value trends for each of the three tiers is represented above with the left axis showing the percent decline from peak values in 2006.  Throughout the correction, lower priced homes have declined faster and been slower to recover but now we see all three tiers beginning what appears to be an upward trend.  Could this be a trigger for investors (especially those looking for 'bargains') to realize that the time to act is now?

Single Family Home Value Up Again

The Case Shiller Value Index for June was released Tuesday showing a second month of strong value gains in South Florida and a very encouraging increase nationally.  In South Florida, values grew 1.58% in the month of June and were 4.42% higher than June 2011.  The graph to the left shows 2012 to be, so far, a much more favorable year for home value.