HOUSING PRICES SURGING IN LATEST DATA

Once again, absolutely no surprise to our readers: Fed data announced today reported the biggest jump in  housing prices in the last 65 years.

Case Shiller Index for January was also up. January report showed a 1.02% monthly advance, versus a Wall Street estimate of 0.80%. Let’s repeat….this recovery in housing prices is greater than people are expecting and realizing. The short term trend is for prices to continue to rise, and probably surge in many markets.

Want more? Feel free to contact me.

Ray Wedell

Chartered Financial Analyst, CFA

RE/MAX Gateway

703-855-7299

http://www.RayMaxInternational.com

RayMaxTeam@gmail.com

 

Advertisements

About RayWedellRealEstate

Real estate professional with Samson Properties. Chartered Financial Analyst, CFA
This entry was posted in Uncategorized and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s