Tuesday, December 4, 2012
TIME TO SELL IS NOW!
U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.
Steady price increases are helping fuel a housing recovery. They encourage more homeowners to sell their homes. And they entice would-be buyers to purchase homes before prices rise further.
Home values are rising in more states and cities, according to the report. Prices increased in 45 states in October, up from 43 the previous month. The biggest increases were in Arizona, where prices rose 21.3 percent, and in Hawaii, where they were up 13.2 percent. This holds true in Florida as well.
This is really great news and now is the time to take advantage of the positive uptick in the market. If you have been sitting on your home that you have been wanting to sell because you feel you won't be able to sell it for what it is worth you might be surprised. I recommend that if you are in the Lakeland Florida area that you consult with one of our Real Estate Professionals to run a comparative market analysis using up to date sales figures and see if we can get you what you need from your home. Buyers are out there and inventory levels in our area are low and real estate like all commodities is a supply and demand item. Give us a call today! 863-646-4399
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