Cheap Home Prices Rebounded, Higher-Priced Homes Slid in December

Submitted by Rich Toscano on March 2, 2010 - 5:18pm
The Case-Shiller data for December, released last week and covered in detail by Kelly, exhibited the same pattern that we have seen in recent months: prices in the high tier continued to drop even as the low tier rebounded further, with the middle tier and aggregate indexes more or less splitting the difference.

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Submitted by sdrealtor on March 5, 2010 - 9:55am.

Is the Spring kick getting going again? Only time will tell but Eugene's Case Shiller proxy indicates it might be and its track record has been pretty impressive. Only time will tell.

OK this was really just a shameless plug for his Blog. I really wish more people would follow it. He does great work on his analysis and not enough people seem to see or follow it.

Submitted by Rich Toscano on March 5, 2010 - 5:24pm.

I agree, Eugene's site is an excellent resource.


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