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Home Prices Are Trending Back Up

By
Real Estate Agent with The Diamond Group @ Keller Williams

Every major price index points to a  housing markjet that has hit bottom ad is movining in a positive direction.  After thirty months of declining values, home prices appear to be stable or appreciating in nearly every U.S,. market.

 

In August of 2010, the median home price was $182,600., amounting to an 11 percent increase over the low that was reached in February of 2010 at $164,000. Staying on the fence and waiting for prices to drop further is OVER! For more reasons why now is prime time to buy a home, contact me and I'll send you a free ebook.

Posted by

The Diamond Group of Keller Williams Realty

'A Cut Above The Rest'

4747 S. Loop 289 Suite 110

Lubbock, Texas 79424

 

806.771.HOME (4663)

thediamondgroup@kw.com

www.lubbocktxhomes4sale.com

 

 

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Comments (3)

Kathleen Vetrano
RE/MAX Gateway - Falls Church, VA
Helping YOU Achieve YOUR Dreams

Elizabeth,  Agreed.  It is cyclical.  The economy and housing will rebound.  Along with increased interest rates.

Jul 06, 2011 10:17 AM
'The Diamond Group' 'A Cut Above The Rest'
The Diamond Group @ Keller Williams - Lubbock, TX
Lubbock Texas Real Estate

Kathleen you are so right.  If buyers are sitting on the fence, it is time to come into the house and BUY!

Jul 06, 2011 10:20 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

I think, when we look back in a few more months, that we may end up agreeing that the "real" bottom-bottom was in Sept/Oct, 2010.

Jul 06, 2011 10:24 AM