Eureka Capital Investments
Lucrative opportunities for domestic and international investors
REVITILIZING THE US REAL ESTATE MARKET
one step at a time
Lucrative opportunities for domestic and international investors
Are We Close to the Bottom?
Saturday, May 9, 2009
The chart above shows the index levels for the 10-City and 20-City Composite Indices. (source Case-Shiller, read full report, see raw data). As of February 2009, average home prices across the United States are at similar levels to where they were in the third quarter of 2003.
Today’s prices are lining up well with the long term historic price increase (inflation +2%) of the real estate market