Home Prices Holding Up for Now

According to experts, one of the remarkable aspects of today’s real estate market nationwide, is the strength of the median price, up slightly over a year ago. The median price in July, 2010 was $182,600, and when you factor in the slowdown in sales volume, since the home buyer tax credit ended, the resiliency in pricing is a positive one. Homes are priced at a level that seems to match closely with the household’s ability to pay, and according to experts, that’s a reasonable place for home prices to be at the present time.

Tweet

Related posts:

1. Home Prices Post First Annual Gain in 3 Years
2. Home Sales Rose Nationally 7.2 %
3. When is the Best Time to Buy a Home in Vancouver Washington
4. The Fabulous Front Porch
5. Rent Furniture to Give New Life to your Home for Sale