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As a Chicago mortgage lender, I don’t mind the cities on Case-Shiller’s list, but it is only 20 cities. It does nothing to help forecast the price of your lake home in southwest Michigan.

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Overwhelmingly, home values fell in the 20 markets tracked by the Case-Shiller. Only San Diego showed a modest increase. The other 19 markets averaged a 1.23 percent decline between January and February. However, that’s not the story you read in the most papers.

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Home Prices Are Recovering

On February 24, 2010 By

The Case-Shiller Index was released Tuesday and shows an improving real estate market.

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