The Case Shiller Value Index report for June was released today. Single Family Home value in South Florida rose 2.06% between May and June. This month's increase shows a bit of cooling off from the previous three months. So let's enjoy the recovery! If you have thoughts of selling your property, now would be a very good time. Prices are much higher than a year or so ago but we can't depend on the trend continuing indefinitely since increasing interest rates will shut buyers out eventually. So sell now while prices and affordability are high.
Tuesday, August 27, 2013
Case Shiller Value Index for South Florida-June
The Case Shiller Value Index report for June was released today. Single Family Home value in South Florida rose 2.06% between May and June. This month's increase shows a bit of cooling off from the previous three months. So let's enjoy the recovery! If you have thoughts of selling your property, now would be a very good time. Prices are much higher than a year or so ago but we can't depend on the trend continuing indefinitely since increasing interest rates will shut buyers out eventually. So sell now while prices and affordability are high.
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