Naperville Homeowners Cheer U.S. Return to Housing Value Highs.
For Naperville homeowners, the news was a long time coming. The bounce back from last decade’s dizzying plummet in the nation’s residential housing values has been underway for quite a while now—but those values hadn’t quite returned to their former heights.
Until last month!
The Wall Street Journal was early to break the long-awaited headline, “Existing-Home Prices Hit Record: $236,400.” Using just-released June sales numbers, the Journal reported that the nation’s average housing prices now topped the previous high water mark set in 2006. It meant that a lot of paper losses have been obliterated—and the return of full nights’ sleep for many U.S. homeowners who have long been underwater.
To Contnue Reading Please Go To: http://www.chicago2napervillerealestate.com/blog/naperville-homeowners-cheer-us-return-housing-value-highs/