September 30, 2009
The Case/Shiller report, of September 29 2009, dominated the real-estate news/industry, as the index rose 1.2 per cent in July. As such, it was indicated that home prices in 20 US cities rose the most in 4 years. What does this mean for real estate? Check out Laurie Goodman’s (from Amherst Securities) interview with Bloomberg television as she discusses the “Shadow Inventory” and the impact on the housing supply and housing prices.