Recently, the National Association of REALTORS® reported that median home prices rose 11.7% nationwide. There are a number of reasons for the rise in prices we’ve seen over the past year. Housing inventory has been low for well over a year, and fewer and fewer distressed properties are on the market.
In fact, many people don't realize it, but homes that were once underwater may now have equity again. This means that a homeowner in distress may not have to sell the home short, as opposed to a year ago when so many homeowners had fewer options. If you’d like to know more about today’s market, please contact me and I’d be glad to share my local and national expertise.
I have a report that explains in detail why prices have gone up and why your home might be worth more than you think! The report is entitled, “Surprising Home Prices,” and I believe you’ll be surprised by when you download and read the report. Once you are done, contact me today for a free market analysis.
Platinum Real Estate Marketing Svcs.
Re/Max Metro Realty Inc.