August National Housing Report

The housing recovery appears to be in full swing across the country. For the 18th month in a row, both home sales and prices are higher than the same month in the previous year. Check out this video sent to us by RE/MAX, LLC for the August National Housing Report. Click here to view the full National Report for August 2013.

“Low inventory has been a serious concern this year, but with rising prices and fewer underwater homeowners, we’re starting to see more homes come on the market, resulting in inventory levels that are turning around. Mortgage rates remain at historic lows, and home affordability is very attractive compared to historic levels.”  Margaret Kelly, CEO of RE/MAX, LLC.

If you or someone you know is interested in learning more about your property values, please give the Russo Team a call today. With prices on the rise, you may be surprised what your property could sell for. Frank
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