Housing Rebound Is Gaining Steam

Dated: 01/02/2014

Views: 6991

Good news!  The S&P/Case-Shiller housing Index reported Tuesday that prices increased on average 13.6% in 20 cities with Las Vegas jumping a whopping 27%!  Pent up demand, low inventory and less foreclosures has contributed to increased prices.  Optimism prevails in  2014 as consumer confidence expands and job market recovers.   For full article see
http://www.bloomberg.com/news/2013-12-31/home-prices-in-20-u-s-cities-increase-by-most-in-seven-year...

For many homeowners this means more home equity, giving them the financial freedom to make their next move, whether retiring, downsizing, or moving up.
And buyers, with interest rates averaging 4.5%, and expected to continue to rise, now just might be the time to lock into a still historically low interest rate while prices are affordable.

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