The dashed black line is where Case Shiller Futures were trading this time last year, January 2010. Essentially this is what the experts thought, last year, the home price index would look like in the upcoming 3 years (through December 2013).
The barbed black line below it is what the experts today are thinking those years (and beyond to January 2016) will look like. See the spread between the two black lines? At its widest point, the difference between the 2 lines represent over a 19% drop in what the experts predict to be the index to be in the years to come.
Based on this data, your home is worth more today than it will be again until at least 2015. Unless you plan to live in your current home into the year 2015, now is the time to sell!
If you know anyone who is planning to sell in the next 4 to 5 years, tell them now is the time! Call me today to market your home!... =)
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Diane Morales
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Keller Williams Fox Valley Realty
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