Home Prices Rise in 81% of U.S. Cities as Markets Recover
Some good news for home owners from Bloomberg this week.
Prices for single-family homes rose in 81 percent of U.S. cities as the property market extends a recovery from the worst crash since the 1930s.
The median sales price increased in the third quarter from a year earlier in 120 of 149 metropolitan areas measured, the National Association of Realtors said in a report today. In the second quarter, 110 areas had gains.
To read the rest of the article, head on over to Bloomberg and get all the details. If you’re in the market to sell or buy a new home in Southern California, don’t hesitate to call Ready Properties!