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Rise of Home Prices

Posted on February 28, 2014

MH900385338While the real estate market might be off to an overall chilly start, there is good news for anyone seeking to sell a Northwest Florida home in the near future. Home prices rose 11.3% in 2013!

The real estate market, specifically home prices, have been slow to recover after the housing crash. 2013, however, marked the first year of significant recovery and growth, especially where mortgage rates and home prices are concerned.

Nationally, real estate has been off to a slow start for 2014. If this has you worried consider the rate of growth within the second quarter of last year. The spring of 2013 saw home prices jump 7.2%! Improved weather and the desire to move before the heat of summer could play a key role in the real estate shopping patterns of buyers.

If you are considering putting your Northwest Florida home on the market, now may be the time. Contact us at Brad Shoults Real Estate today to learn more about our local market and what your Emerald Coast home could sell for.

Posted in: Real Estate Market, Real Estate News, Real Estate Tips |Tagged: , , .

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