home prices on rise: Home Prices Hit Highest Level in 5 Years - 08/01/13 02:24 AM
Market Conditions in Bentonville AR NAR reported the median price of an existing single-family home rose 5.9 percent in May, an annual gain of 12.6 percent.  "Home prices rose to their highest levels in almost five years in May, increasing by a non-seasonally adjusted 2.5 percent, according to the Case-Shiller Home Price Indices released Tuesday."  A drop in foreclosures, coupled with a short supply of homes for sale and record low mortgage rates have helped fuel the real estate market this year.  
Locally in Bentonville, AR the average days on market for single family homes is only 52 days and the foreclosure rate … (0 comments)