Encouraging news out in real estate markets across U.S. | South Salem Real Estate

There is more encouraging news out in real estate markets across the country. 7 On Your Side takes a look at what it could mean for California homeowners.

It’s a good time to sell your house. Home prices in 20 major markets are at their highest in seven years. You can bet the San Francisco Bay Area is on the list.

The S & P/Case-Shiller home price index calculated growth rates for a 12 month period ending last February. They looked at 20 major markets and found home prices went up 9.3 percent.

The housing recovery’s been driven by near record low mortgage rates, lower unemployment and more buyers than sellers

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Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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