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






About RayWedellRealEstate

Real estate professional with Coldwell Banker. Chartered Financial Analyst, CFA
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