Home prices continue to increase

Home prices continue to increase

Here is an interesting article talking about the rise in home prices. We are seeing the biggest price increase for the last 7 years. One contributing factor they point out is the amount of forclosures available for sale is slowing, and sicne forclosures sell for a discount it had kept the prices deflated. With less foreclosures on the market prices have increased everywhere with some markets increasing over 20%.

http://money.cnn.com/2013/05/28/real_estate/home-values/index.html

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