dexterbland

May Case-Shiller Housing Numbers

If you chart the Case-Shiller numbers (which I have at the link below) you can see that the seasonal factors are fairly insignificant compared to the macro factors in recent times. The charts to me show that most cities are either bottoming out or possibly even starting to rise - especially the ones that didn't have a big run-up over the past few years. Read in combination with the Realtor's report (which shows four consecutive months of increase in the median sale price), I would say there is reason for some optimism here.

i33.tinypic.com/dxnsiw...