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Home Prices Rise in February

Tuesday, April 1, 2014 - Article by: - SecurityNational Mortgage Company - Message

According to Corelogic U.S. home prices rose 0.8 percent in February. This represents a 12.2 percent increase from February 2013. A short supply is attributed to much of the increase. The National Association of Realtors has reported a 5.2 month supply of homes on the market. NAR considers anything below a 6 month supply to be a healthy real estate market. It is many economist opinions that we are in for a continued housing recovery as spring buying season starts. Source: The Associated Press, Christopher S. Rugaber, published April 1, 2014

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