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May 2014

Found 1 blog entry for May 2014.

Rising Home Prices, Affordability, and Perspective

APR 22

As many parts of the country have seen home prices rebound from market lows in 2012 and early 2013, many buyers may be questioning if the rise in prices suggests another “housing bubble”, if current home values are sustainable and how current home prices and interest rates affect affordability.  In light of events that occurred in the real estate market, particularly from 2007 to 2012, these are valid questions, especially in those parts of the country that may have seen both the greatest appreciation rates at one time, only to be followed by equally large, or in some cases even greater, reductions in property values.

We have observed that many recent media reports are

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