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Home Prices Are Stabilizing Not Going Through a Bust Cycle

Case-Shiller show home prices still rising, just not as much.

Home prices are still rising, just not as much as they had been according to the Case-Shiller index that was released today. Keith Bliss of Cuttone & Co. said that the home market has bifurcated with existing homes returning to normal levels while new homes continues to experience strong demand. Home Builder stocks are looking better now after having traded down for the beginning of the year. Bliss did express some concern that as the market satisfies homebuyers, the next generation will be challenged as they face mounting student loan debts at a time when they would normally buy a home.