Six Months of Change-Independence Voice
By now it is apparent that the real estate recovery is in full effect in most areas, and that means more of you are hopping off the fence to buy or list a home. To say that the housing market is a different place than it was just six months ago is an understatement.
So what has changed?
Homes and real estate in most channels are more expensive
If you have not been paying attention to real estate trends, then you may not be aware of the dramatic gains in real estate and housing over the last six months. The improving national and regional economy and low interest rates have boosted buyer demand in most markets, decreasing supply and raising prices. Case-Shiller and many housing indices have show a remarkable increase of values from 10 to 12%. The national median home price was $214,200 in June, up 13.5% from June 12, the sixteenth consecutive month of home price increase. Read more
Enjoy your Independence!