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Home Prices: Are We There Yet? – Realty Check with Diana Olick – CNBC.com July 1, 2009

Posted by John Watch in News Feed.
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Home Prices: Are We There Yet? – Realty Check with Diana Olick – CNBC.com

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Seeing that there is at least someone out there who has the sense to dig deeper than the broad generalization of most property data reports that are being released, I decided to link this article for you to check out.

Here’s and excerpt from the article:

“A lot of folks are parsing the latest S&P Case Shiller home price report out today, and debating whether some month-to-month increases are proof of home price stabilization nationwide. I frankly think it’s impossible to say anything nationwide, because a lot of different markets are reacting very differently. That may seem an incredibly prosaic thing to say, but I think an awful lot of smart folks often lose sight of that.” – Diana Olick

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