The S&P Case Shiller index shows a record breaking 4+% home price drop for the year. It’s all over the news. Think of it this way. Homes are on sale!
That’s just as simplistic as thinking of this “news” as purely negative. Dig only a little deeper in the composite index, and you find home prices are up in Detroit. Who’d believe it?
All real estate is local. Want to know how your neighborhood is doing? Ask us.
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