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The report from Case-Shiller is a primarily based on single family homes in the top 20 markets, mostly in suburban areas. The nationwide number is down 3.2% which is the biggest decline year over year since the fund had been started! We are beginning to see a wave effect in the market. Things that professionals […]
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Filed under: Market Watch, Real Estate RSS Feeds
“The pullback in the U.S. residential real estate market is showing no signs of slowing down,”
Robert Shiller, creator of the index and chief economist at MacroMarkets in Madison, New Jersey
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Filed under: Real Estate RSS Feeds
The day after the market reports that housing starts are up, we see a slide in home sales. Nothing surprising since in my previous post I mentioned how the data is always a little behind the market, but who cares… What does this really mean? I don’t think anyone knows. Countless Grey haired professionals are […]
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Filed under: Market Watch
