The Case-Shiller Home Value Index for February 2013 was released today and the picture is still bright for homeowners. The index, which monitors home values in 20 cities (including Miami/Fort Lauderdale) states that values have recovered to 2003 levels (just before the boom) which is great since we were seeing values down in the 2000 to 2001 range at the market's bottom in the third quarter of 2011. In February (the most recent month measured by the Index) values rose 10.38% over February 2012 and 2.48% compared to the month before.
Posts
