New York, December 27, 2011

New York, December 27, 2011 – Data through October 2011, released today by S&P Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed decreases of 1.1% and 1.2% for the 10- and 20-City Composites in October vs. September. Nineteen of the 20 cities covered by the indices also saw home prices decrease over the month. The 10- and 20-City Composites posted annual returns of -3.0% and -3.4% versus October 2010, respectively. Fourteen of the 20 MSAs and both Composites saw improved annual returns compared to September’s data. Miami saw no change in annual returns in October; while Atlanta, Detroit, Las Vegas, Los Angeles and Minneapolis saw their annual rates worsen. At -11.7% Atlanta posted the lowest annual return. Detroit and Washington DC were the only two cities to post positive annual returns of +2.5% and +1.3%, respectively. Click to learn more.

A History of Home Values

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The yale economist Robert J. Shiller created an index of American housing prices going back to 1890. It is based on sale prices of existing houses, not new construction, to track the value of housing as an investment over time. It presents housing values in consistent terms over 116 years, factoring out the effects of inflation.

The 1890 benchmark is 100 on the chart. If a standard house sold in 1890 for $100,000 (inflation-adjusted to today's dollars), an equivalent standard house would have sold for $66,000 in 1920 (66 on the index scale) and $199,000 in 2006 (199 on the index scale, or 99 percent higher than 1890). DECLINE AND RUN-UP Prices dropped as mass production techniques appeared in the early 20th century. Prices spiked with the post-war housing demand. BOOM TIMES Two gains in recent decades were followed by returns to levels consistent since the late 1950's. Since 1997, the index has risen about 83%.

Greene and Montgomery County Market Studies

Our appraisers often perform research projects on dynamic markets within our coverage footprint. These general results are available for you to use in evaluating real estate trends in your market. Most recently, our appraisers have gathered data on market trends in Greene and Montgomery Counties in Ohio. Please click the below counties to access this data.

Greene County

Montgomery County

Employment Opportunities

Stickelman & Associates continues to experience strong growth throughout our company. We have openings for commercial and residential appraisers in all five offices that we service in Ohio, Indiana and Kentucky. We are looking to add qualified certified real estate appraisers to join our staff. We offer exciting opportunities for well qualified applicants. Please click the link below to apply today. Alternatively, email your resume and certification to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

MAI, Commercial Manager Position: Stickelman & Associates, LLC, one of the nation’s largest appraisal companies, is seeking qualified candidates for interview in our Ohio-Kentucky region. Candidates must have 10+ years of appraisal experience, be a current MAI designee, and hold a current Certified General license. This staff position is for a Chief Commercial Appraiser. Responsibilities include daily review of commercial assignments from all of our appraisal offices, customer relations, vendor and data management and business development. Please send resumes to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Stickelman & Associates is seeking qualified candidates for a Commercial Real Estate Researcher / Analyst. This person will work alongside our commercial appraiser staff and assist in gathering research, trending, data analysis, lease analysis and other information for commercial appraisal reports. Candidates must have strong online skills, strong Excel and Word skills, communications skills (phone and email) and be highly organized.

Please send resumes to This e-mail address is being protected from spambots. You need JavaScript enabled to view it .