Welcome back, as we're half way through the week.
Two of the leading Home Price Indices were released yesterday; the S&P/Case-Shiller Home Price Index and the FHFA Monthly House Price Index.
The S&P/Case-Shiller Home Price Index came in with, "nine markets – Atlanta, Charlotte, Chicago, Detroit, Las Vegas, Miami, Portland (OR), Seattle and Tampa" at their, "lowest levels since home prices peaked in 2006 and 2007". Similarly, The FHFA Monthly House Price Index, came back with a 4.3 percent drop in U.S. prices, "For the 12 months ending in November".
These numbers show us that there is still a long way to go.
Double-dip in Home prices? Do you agree?
Have a Great Week, and Happy Rent-to-Owning !
Regards,
Rob Eisenstein
HomeRun Homes Blog http://blogging.lease2buy.com
HomeRun Homes Website http://www.lease2buy.com
