This Statistic says Prices are up

So will the real statistic please stand up.

Earlier this week, the big headline case the supposed Case-Shiller double
dip. But if you've been shoping for a home in the better school district
areas you know that inventory of ideal homes is tight (not next to a busy
road or railroad), and pricing has firmed for these homes or gone up.

From DS News

> CoreLogic Price Index Shows First Monthly
Increase Since Mid-2010

The market has been battered by reports of continuing home price
depreciation with both the Clear Capital and S&P/Case-Shiller indices
confirming that national readings have fallen below the double-dip mark. But
data released Wednesday by CoreLogic provided a flicker of improvement - at
least from the short-term view. The company says its index shows home prices
in the U.S. rose 0.7 percent between March and April. It's the first such
increase since the homebuyer tax credit expired in mid-2010, and that
reading includes distressed sales.
> > Read More



Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
Cell 510 388 2436 / Fax 510 431 9046

CA DRE#: 01173766