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S&P Case-Shiller Home Price Index Shows Market Improvement

State of the real estate economy

Money Money MoneyLast month’s S&P Case-Shiller reports shows home prices trending up in most cities despite a national average 2.5% dip but also revealed that 25% of home loan holders are under water, news that rocked the real estate industry.

Today, S&P 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), and the 20-city composite is down less than 1% in home prices.

According to Standard and Poor’s, “Annual rates for the two Composites have not been this close to a positive print since January 2007, three years ago.”

How it all looks (note that beautiful rebound):

s&p 2010

Interestingly, media coverage by CNN and others took a negative spin, hollering that home prices are down. They are, but the real story is that there’s a rebound, just look at this chart! Spin it how you will, but I see sad news in comparison to several years ago, but in the last two years, this is beautiful news.

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Lani is the COO and News Director at The American Genius, has co-authored a book, co-founded BASHH, Austin Digital Jobs, Remote Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

12 Comments

12 Comments

  1. RealEstate Babble

    March 31, 2010 at 12:34 am

    AgentGenius: S&P Case-Shiller Home Price Index Shows Market Improvement https://bit.ly/bG8bvC Full https://bit.ly/c0mws9

  2. Natasha Hall

    March 31, 2010 at 1:03 am

    S&P Case-Shiller Home Price Index Shows Market Improvement – State of the real estate economy Last month's S&P Case… https://ow.ly/16W2aQ

  3. frank cava

    March 31, 2010 at 2:28 am

    RT @door2wealth: S&P Case-Shiller Home Price Index Shows Market Improvement: State of the real estate economy
    Last month’s S&P Case… https://bit.ly/aP7YE0

  4. Valerie Karpeck

    March 31, 2010 at 1:49 pm

    @agentgenius S&P Case-Shiller Home Price Index Shows Market Improvement https://bit.ly/cgTFpX

  5. BHG Real Estate

    March 31, 2010 at 3:40 pm

    S&P Case-Shiller Home Price Index Shows Market Improvement https://ow.ly/1t7sA

  6. Social Marketing

    March 31, 2010 at 4:08 pm

    RT @BHGrealestate: S&P Case-Shiller Home Price Index Shows Market Improvement https://ow.ly/1t7sA

  7. Teresa Smith

    March 31, 2010 at 5:23 pm

    @agentgenius S&P Case-Shiller Home Price Index Shows Market Improvement https://bit.ly/cgTFpX

  8. Vaughan Builders

    April 26, 2010 at 8:27 pm

    RT @agentgenius-#agnow […] S&P Case-Shiller Home Price Index Shows Market Improvement (agentgenius.com) […] https://bit.ly/bHirpo

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