Home Prices on the Rise - Short Sale Fundamentals
 
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21
Jun

Home Prices on the Rise

Rising Home prices

home prices increase in value

Altos Research shows that home prices across the country have actually risen by 0.2%. That’s the first upswing in 9 months. Other indicators, they claim, are going to show increases as well soon.

They show 26 major cities across America, including some really hard hit ones, have prices moving up.

This is despite the fact that the number of for-sale properties rose in 22 cities and dropped in only 4. But don’t worry, nationally inventory is down 10% and properties are going pretty quickly.

They credit this to the extension of the government’s tax credit and other programs. (I’m not mentioned as one of the reasons! Can you believe it?)

Well, I’m pretty sure the summer will turn out to be a good month for most investors. Properties can still be had for cheap and the deals are there if you keep looking.

I’ve been running lots of great programs over the last few weeks. And each one is designed to empower you to take charge of your life and achieve the financial freedom you’ve always wanted.

So get moving already. Clearly there are deals to be had and now is a solid time to be investing. Let me know if you need some tips along the way.

My door is always open.

  • http://twitter.com/pauly99 Paul Tomlinson

    The issue is that the government tax credit has ended and new starts are down dramatically…. as in the lowest in 40 years. In my neck of the woods, inventory is going up and average days on market is around 205. Yes, some places are seeing multiple offers on properties but my local real estate office has seen a dramatic decline in buyers. Once the $8K went, potential buyers left the market.

  • Pingback: Home Prices Inch Up | Real Estate Investing News Watch Blog Aggregator


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