Tuesday, August 4, 2009

Home Prices Rise in U.S.

Home prices in the U.S. rose for the first time in 3 years according to Standard & Poor's Case-Shiller Index. This is the first increase after 34 months of continuous declines. This may be the news we're looking for to indicate that maybe the worst is behind us. Read more

Many economists actually do believe that we have already hit bottom and the worst is behind us. Although it’s a good sign that we’ve seen an increase, the year over year decline is still at about 17.1 percent. Read more

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