Posted on July 29, 2014 - 02:45 PM
by john kavazanjian
For over a year, we have been seeing home prices in general raise. Raising prices at a rapid rate is not helth for the market. We are entering a more normal maket and prices are still below the levels befor the economy went into a tailspin. All real estate markets are local so check what is happening in the area you want to sell or buy. A real estate professional can help you with that.
"Still, home prices have risen steadily since housing began to recover in 2012. The Case-Shiller index has risen 27.3 percent after bottoming out in March 2012. But home prices remain about 17 percent below the peaks reached in the summer of 2006, just before the housing bust."
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