Some of you may have caught the story on NPR this morning, or may have seen it on the web already. Surprisingly, Standard and Poor's/Case Shiller Index reported that prices rose in thirteen of the twenty cities they track. As has been consisten for awhile, Washington D.C., San Francisco, and Seattle showed the biggest price increases, along with Atlanta. Even Portland eked out a cute little 0.1 increase from April to May of 2011.
There is still plenty of doom and gloom to be found in the real estate. the rust and sun belt cities (along with one other) seem to be hurting: Charlotte, Chicago, Detroit, Las Vegas, Miami and Tampa. Phoenix though, showed a similar gain to Portland, when looking at the April 2011- May 2011 price change, and Cleveland showed a nice gain also.
The New York Times has a nice interface with the S&P, Case Shiller graphs, which is pretty interesting. And don't forget that fun calculator that looks at when you bought your home, how much you paid, and how much it might be worth now. My home has actually bumped up a tiny bit since I last checked it in March of thsi year. hmm,
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