Home Prices Continue to Rise

By
Real Estate Agent with Hrisco & Associates Lic.#480703

Home Prices Continue to Rise

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“Broad-based Slowdown for Home Prices”

That is a headline you might have seen over the past weekend. And though it is true, we must understand the story behind the headline. Case Shiller reports on the year-over-year difference in home values. Their latest report revealed that the rate of appreciation has slowed – not that prices are falling!! Here is exactly what they said:

“The 20-City Composite gained 4.9% year-over-year, compared to 5.6% in August.”

Prices are still up this month over last year’s values (4.9%) just not as much as they were last month (5.6%).

Home Prices are NOT Falling.

As a matter of fact, the latest Home Price Expectation Survey by Pulsenomics (a survey of a nationwide panel of over one hundred economists, real estate experts and investment & market strategists) showed that home prices will continue to appreciate for the next several years.

 

Home Prices Continue to Rise

Bottom Line

Both first time buyers and families thinking of moving-up to their dream home can be assured that their investment in their new home makes sense.

This post is a follow up to a similar post last week. Home prices are continuing to rise, but have risen recently slightly slower than the same time last year. This can be viewed as a good thing, drastic rising home prices, and unregulated lending practices, is what got us into the mess the whole country was in back in 2007-2008.

If you are a first time homebuyer, a buyer, or a move-up buyer, whatever the case may be, give John Hrisco & Associates a call today.  We have the experience and qualifcations to help you find your dream home.

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Hrisco & Associates | Fathom Realty, LLC:  Experience Matters, the agent you need, the results you want. Licensed Texas Real Estate Broker #480703, with over 21+ years experience buying & selling real estate in the D/FW Metroplex. Integrity, Professionalism, Results & Charity is our Mantra. It is how we go about our lives and our business. We undertake a specialized set of tasks and orchestrate them with uncommon skills. Whether you are buying, selling, or investing in real estate, if you are not doing business with Hrisco & Associates, you are losing money.

servicing the Dallas/Fort Worth Metroplex: including Argyle & Southern Denton and Northeast Tarrant Counties; Ft. Worth, Keller, Southlake, Colleyville, Grapevine, Haslet, Trophy Club, Roanoke, Westlake, NRH & Surrounding areas

Hrisco & Associates
Fathom Realty, LLC
3960 FM 2181
Hickory Creek, TX 75065

 

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