Updated S&P Case-Shiller Index (Home Price Index)

The S&P Case-Shiller Index was released today and home prices around the nation have gone down an average of 18% compared to last year. Although prices have gone down significantly, so have mortgage rates. It is not uncommon now to get a loan for five percent or less for a thirty year fixed rate loan. The low interest rates combined with the low home prices has been the main reason for sales to increase in many parts of the nation compared to a year ago. To increase the size of the index below, please click on the image below.



Amit Bhuta
Real Estate Helper
Kendall Village Homes
(305) 439-3031
www.DadeCountyMLS.com