A down to earth look at real estate issues in Northern New Jersey with an environmental twist.
Thursday, April 01, 2010
In Case You Were Looking for Good News ...
...Standard and Poors Case-Shiller reports that their home price index is improving comparing January 2010 to December 2009. S&P reports that their ten city composite is almost unchanged from where it was 12 months ago (which is a heck of a lot better than a decline). Home prices are trending up in most cities despite a national average 2.5% dip.
On the other hand, it also revealed the sobering fact that 25% of home loan holders are under water. No fooling.
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