Wednesday, June 6, 2007

Home prices in U.S. higher than a year ago?


They might be. The numbers for the nation as a whole that we have seen in the last several months point down, though. Some areas are harder hit than than others and some have just leveled off and are holding on, like Las Vegas and Southern Nevada. Some areas are still robust, thank heavens, and have seen value increases. For the most part, however, the real estate news have been dismal, an indication of a soft market.


Enter OFHEO, the Office of Federal Housing Enterprise Oversight, and you're treated to a rosier picture than before. To read more, please click here.

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