Local Reaction to Case-Shiller Numbers

Apparently, Case-Shiller’s March statistics showing a 6% drop in Twin Cities house prices provoked a range of reaction, including some questioning its accuracy.

Chris Snowbeck’s piece in the St. Paul Pioneer Press today, “Home Prices Dive — With an Asterisk,” does a nice job cataloguing the responses (including a quote from yours truly). According to Snowbeck, “reaction to the Case-Shiller numbers ranged from skepticism to indifference.”

My take definitely places me on the “indifferent” end of that scale, for the reasons I mentioned on this blog yesterday . . .

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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