Inventory conditions are expected to remain fairly constrained this year, so overall price increases should be well above the historic gain of 1 to 2% above the rate of inflation

US Cities See Median Home Price Rise 

The National Association of Realtors (NAR) reports that median home prices continue to increase in cities across the U.S. A total of 133 out of 150 metro areas noted price increases for the first quarter of the year and NAR analysts say most of these markets are tilted in the seller’s favor. Experts say total existing-home sales are at their highest since the fourth quarter of 2009 and even though it’s a seller’s market prices are still affordable enough for buyers to take advantage of good bargains, particularly when compared to prices before housing market collapse. For more on this continue reading the following article from...   read more

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