Wednesday, July 1, 2009

Amazing Chart.

Again I am stealing from Barry Ritholtz, (buy his book so I fell better about stealing so much from his great blog) but this chart is amazing. It is the Case-Shiller home price index going back to 1890. Look at that spike from the mid-90's to 2006. And folks still wonder why there was a crash, and wait for their home value to return to "where it should be"? Ha!

1 comment:

rent vs buy quandry said...

So, based on this chart, would you argue that folks hold off on purchasing a home until after 2010?