Monthly Archives: December 2016
Home Prices Completely Recovered From the Recession
According to the S&P CoreLogic Case-Shiller Indices, American home prices have completely recovered from the recession. The data shows a 5.5 percent annual gain in September, adding to the 5.1 percent gain we experienced in August. Using the 10-City Composite, the Index reported a 4.3 percent annual increase in September, and the 20-City Composite reported... Read More
Homes Are Still Affordable, Consumers Say
Even with record-breaking luxury properties frequenting the national real estate market, home ownership is still affordable according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index report. Over 60 percent of the homes sold in the third quarter were deemed affordable for families earning the national median income of $65,700 annually. According to... Read More