Good afternoon, BBFM.
If you look at Standard and Poors Case Shiller Index of housing values for the Greater Charlotte area,
the index value in November 2008 was 125.61. in September 2013, the value was 124.85, about 0.7% lower. However, taking a single month is not as objective as an averaged value. For example the Dec 2008 value was 122.37, but the averaged value was 130.38. When comparing the 130.38 average 2008 values with the 120.78 average 2013 values, we are down about 7.9%. If you appreciate an answer, please give thumbs up. For the most helpful answer, please say thanks with a best answer click.