Recent data suggests that the U.S. housing market is in recovery. However, the data also shows this to be an uneven recovery.
According to the monthly S&P/Case-Shiller Index, for example, home values rose in three of 20 tracked markets between December 2011 and January 2012. 17 tracked markets showed home prices still in decline. Unfortunately, Sacramento is not one of the 20 markets tracked, but you can gleam a general trend from this report. Read the rest of this entry »