Last week, Case-Shiller released January data for its closely watched national housing index. Nationally, things are looking up – well, make that flat. And that’s good news. In the wonderfully backward language of the report, the index’s year over year rate of decline “improved.” Basically, we are back to where housing values were a year ago.
Since for most of us our homes represent our biggest asset, that’s pretty good news when you consider how bleak things looked back in March of 2009. Just think of how you were feeling about your 401(k)s. ...