US home price drops set records in January

It has nothing to do with Hawaii real estate. As we have discussed before, the Standard & Poor’s/Case-Shiller Index contains no Hawaii data – none, zero, zip, nada, nyet, nothing, no kine at all.

Therefore, this article is meaningless to Hawaii. However since it is being carried by the Advertiser, you might think that it does. The Case Schiller index chooses the markets where housing is doing the worse. This insures a negative headline that the media loves.

Post from: Hawaii Real Estate Reporter

NOT Hawaii: “US home price drops set records in January”

Why? Because the S&P/Case-Shiller national home price index does not include any Hawaii information. So all of this doom and gloom has nothing to do with Hawaii. Watch out for this-it comes up a lot!

Post from: Hawaii Real Estate Reporter

Warning: S&P/Case-Schiller housing data does not apply to Hawaii