Double Dip Already Come and Gone?

So claims Seeking Alpha, checking in with yesterday's Case Shiller data. Undeterred, local real estate agent is claiming a double dip has just hit. And from the LA Times: "The Standard & Poor's/Case-Shiller index for 20 major U.S. cities, released Tuesday, came within a hair of its previous bottom hit in April 2009. The renewed drop in home prices indicates the nation's housing woes continue despite a recovery in the broader economy. 'There is very little, if any, good news about housing. Prices continue to weaken, while trends in sales and construction are disappointing,' said David M. Blitzer, chairman of the index committee at Standard & Poor's. Bartender! [Seeking Alpha/Judy Graf]