Case Shiller Value Index Decline

For the first time in 15 months, the Case Shiller single family home value index experienced a month-over-month decline of 0.16%.  This small dip was brought about by a softening in higher priced properties in the month of February.  It's premature to read too much into this pattern change but it does give us real estate muses something to write about and hopefully something to keep you dear readers coming back to see what happens next.