Home Prices Drop in January – BTW it’s April
The past few days the news has been filled with stories about how home prices dropped in January.
“S.F, US home prices in free fall“ reads one headline.
“Twin Cities Home Prices Suffer 20% Plunge” proclaims another.
“Home Prices Down 14% year over year” announces yet another.
Talk about ‘yesterday’s’ news!
In January George Bush was President and it was snowing in many parts of the country.
Thousands of homes have been sold since January and Obama’s Stimulus Plan has been passed.
I understand that it takes time to compile data, but January’s home values are not very relevant to today’s market.
