Home Values on the Rise!

US home prices are nearing a two year high, the Los Angeles Times reported in late September. The Standard & Poor’s/Case-Shiller index of home values in the 20 largest U.S. cities showed that prices rose 1.6% in July from the prior month and 1.2% from July 2011.

Prices are on the rise, but interest rates remain at record low numbers. If you’re considering a new home, investing, or just have questions about the market, please don’t hesitate to contact the McLean Team at Re/Max Olson!

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