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Wednesday, April 27, 2011

Home Prices Still Adjusting

http://www.ritholtz.com/blog/2011/04/case-shiller-100-year-chart-2011-update/



http://www.dsnews.com/articles/case-shiller-home-prices-edge-closer-to-2009-lows-2011-04-26


http://www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/us/?indexId=spusa-cashpidff--p-us


Home prices are still falling. They are expected to drop another 5% this year and still have a ways to go from the inflated amounts of  2005-2008 before they reach their  value.