The Case Shiller Value Index report for August was released today. Single Family Home value in South Florida rose 0.79% between July and August. This report and statistics from Realtors suggest the market may be cooling a bit, but it's still a great 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 and increasing interest rates may shut buyers out eventually. So sell now while prices and affordability are high.
Tuesday, October 29, 2013
Case Shiller Value Index for South Florida
The Case Shiller Value Index report for August was released today. Single Family Home value in South Florida rose 0.79% between July and August. This report and statistics from Realtors suggest the market may be cooling a bit, but it's still a great 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 and increasing interest rates may shut buyers out eventually. So sell now while prices and affordability are high.
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