Case-Shiller.2011Q1
I had one of my friends send me this. He reads my blog from time to time and thought that I may find this report interesting.
In reading the S&P/Case-Shiller Home Price Indices Press Release, you will find this most interesting.
Bottom line…prices have slid this year nationally. I had a dude came to an open house this morning to tell me he was upset at his home price, as if I can fix that.
The markets will correct themselves. We need to see some leadership from Washington, we the people are not getting that. In spite of a lack of leadership, the markets will correct themselves.
The Alexandria market is faring much better, especially better than the Vegas-Detroit type markets out there. We’ll be fine here in little old Alexandria…we are actually seeing sales and growth.
Buy in good markets, Alexandria is one of them.
Anyway, here is their most recent report.
Source: Standard & Poors, Case-Shiller
