Monday, July 12, 2010

Home Values Are Rising!

The news is improving in some places. Below is a chart tracking the Median Home Price in Arlington County, VA for the last 18 months or so. When comparing May 2009 (where Median Home Price was $456 K) and May 2010 (where Median Home Price was $520 K) we have seen a nice increase.

Click on the image below for a larger view of the chart.


We hope this positive sign shows in other places around the country in the remainer of the summer.

9 comments:

Patrick said...

I love your posts regarding real estate, and this one is so true. Thanks for the post.

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Justin said...

So I heard. I've read that now is the best time to own a house because of a lot of factors, and they do include rising values of homes. Just last month, I was able to get the best mortgage. Pittsburgh is where I'm going to get a house, and I'm very excited to move in.

I guess the fact that the home is the biggest investment never changes. Now's the best time to shop for a mortgage. Pittsburgh, PA and other cities sure do offer the best rates nowadays.

cottasofia said...

Miami will always be an exceptionally exciting place where people like to acquire a secondary property. The good weather throughout the year makes it an ideal spot to get a winter home.

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