Uncategorized August 30, 2011

2nd Quarter Home Prices Rise

Is it good news, or just news?

According to the latest data from the S&P/Case-Shiller Home Price Indices reported this morning, the U.S National Home Price Index increased by 3.6% in the second quarter of 2011. This is good news for this year even though nationally we are below numbers from June of last year. But that number was artificially elevated due to the federal home buyer subsidize.

As we all know, real estate is local, so click the link below to find the full report and information about your market.

S&P/Case-Shiller Home Price Indices