25.06.2012 - Why home prices are better and worse
A home is worth exactly what someone is willing to pay for it. We could end it right there, but for the fact that in the middle of the most closely-watched housing recovery in history, the sheer number of monthly and quarterly home price reports has proliferated to the point of almost weekly readings. The trouble is that they each use different data sets and methodologies. That's why this week we heard national home prices were up 8% from a year ago in May, and we also heard that home prices were down 0.1% from a year ago...............................................Full Article: Source
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