From the
Wall Street Journal this morning, in an article entitled:
“Median Home Prices
Up in 51% of Metros”
Here’s another sign that the housing
market has found its bottom after nearly six years of price declines: Home
prices actually rose in more than half of U.S. metropolitan areas in the first
quarter of the year…The results were a turnaround from the fourth quarter of
last year, in which median prices rose in only 29 out of 149 cities tracked by
the real estate in that quarter.
Yes,
after the long nuclear winter of the housing crisis, a recovery is really
underway.
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