Daily Archives: February 9, 2012

Home Value Gone – When Is It Smarter To Stay Or Walk?

image by: Dreamstime

Home value in Michigan and everywhere else drops, again.  Another new low in home prices.

But, hey, we hit bottom, the rebound is just around the corner?

Uh, no.

From the Washington Post story linked to above:

““The trend is down and there are few, if any, signs in the numbers that a turning point is close at hand,” said David M. Blitzer of S&P Indices. “I spent the weekend scratching my head and saying, ‘Isn’t there some good number in here?’ ”

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