Fort Lauderdale Real Estate | Home Prices Rebound to 2003
According to CNN Money, home prices across the US have rebounded in July to 2003 prices. CNNMoney states that using the S&P/Case-Shiller home price index which covers more than 80% of the housing market, home prices have risen 1.6% compared to the previous month. Record low mortgages and lower inventory in most major real estate markets have contributed to the increase.
This is the third straight month that home prices have risen in all 20 major markets.
These July home price readings were last seen in the summer of 2003.
For the complete article, please see CNNMoney.Call Dale Palmer & Associates at 954-895-8999 or contact-us today to view
condos or homes in the Fort Lauderdale Real Estate market.