Home Prices Rebound to 2003 Levels

 Home Prices Rebound to 2003 Levels

Information obtained by www.rismedia.com

The real estate market has some great news, according to S&P/Case-Shiller, in July 2012, the average price of homes rose to the level as seen during 2003.  This shows a big turnaround and could hit at a end of the “real estate’s bleak streak.”

“This movement marks the third straight month that prices rose in all 20 major markets.”

Existing homes sales are up, inventory of homes is down and we are seeing a slowing in the foreclosure activity.

This is amazing news for the real estate market all around the country.

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http://rismedia.com/2012-09-25/home-prices-rebound-to-2003-levels/

 Real Estate Market Stabilizing


Kathryn Gorham | Sun-Surf Realty | Emerald Isle North Carolina
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