Latest Case Shiller Report

Here is the latest Case-Shiller report (August). Across the country,
the real estate market continues to show signs of improvement, with
values rising over last August (2009)but at a slower pace from July's
gains. The average however is made up of as many cities falling
behind last year as rising above, reflecting the slow pace of the
recovery.

According to the Index, the Detroit Metro area showed a value decline over
August 2009 but an increase over July of this year, following a patter
of rising home values beginning early this year. Our data shows a more
optimistic view, but the general pattern is consistent, with lower
bank inventories and listing inventories in general, values have begun
to stabilize...And that is great news.