Posted on June 25, 2008Filed under Real Estate Sales Read the complete post or link to it
Look, if you want to highlight the negatives, here it is:
Since last year, home prices are down.
Duh. But, if you want to look at the positives, take a close look at this chart. It's doctored up a bit, but taken directly from the S&P/Case-Shiller Home Price Index report. April is the second straight month we've seen improvement like this.
The papers want to tell you that the housing market is dismal, but talk to any real estate agent you know and they'll tell you the same thing: The market just feels different right now. Homes are selling and the media's got it wrong.
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