Wednesday, September 25, 2013

Case/Shiller Value Index Continues Upward Trend-Lovin' the Recovery!

The Case Shiller Value Index report for July was released Yesterday. Single Family Home value in South Florida rose 1.18% between June and July.  Compiling the increases through July, values are up just under 11% for 2013.  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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