Stock Market Got You Down? Good News: Home Prices Are Up!

After a slow start in the beginning of 2015, home sales have grown significantly throughout the summer season. This summer, and the next few months, will be a seller’s market. A surge in home sales driven by low rates have led to tighter inventory and price gains. In 2014, the median home price for 2014 was $208,500. In June 2015, on the other hand, the median monthly home price was $236,400.

So if the stock market’s got you down these past few months, look at the silver lining—home prices are up and a seller’s dream has emerged. Learn more about the state of the real estate market in this recent article from Keller Williams.

If you’d like a report on the value of your home, contact me right away.