The Star Tribune recently had an article about the Twin Cities home prices - based on the increase, it's currently 9th highest, so it's a great time to sell!
"Annual home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012, according to a year-end report from CoreLogic. That was the 22nd consecutive monthly year-over-year increase in home prices, though on a month-to-month basis, U.S. home prices fell slightly, decling 0.1 percent from November to December 2013.
"Mark Fleming, chief economist for CoreLogic, which uses recent sale data for its monthly Home Price Index (HPI), said the the 11-percent annual increase was the highest rate since 2005 and that 10 states and the District of Columbia reached new all-time price peak."
Click to read the rest of the article: Twin Cities posts 9th highest home price gains in the nation last year.
"Annual home prices nationwide, including distressed sales, increased 11 percent in December 2013 compared to December 2012, according to a year-end report from CoreLogic. That was the 22nd consecutive monthly year-over-year increase in home prices, though on a month-to-month basis, U.S. home prices fell slightly, decling 0.1 percent from November to December 2013.
"Mark Fleming, chief economist for CoreLogic, which uses recent sale data for its monthly Home Price Index (HPI), said the the 11-percent annual increase was the highest rate since 2005 and that 10 states and the District of Columbia reached new all-time price peak."
Click to read the rest of the article: Twin Cities posts 9th highest home price gains in the nation last year.
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