Time is ticking and so is your best time to purchase a home. If you are thinking about buying a home, stop thinking and start acting on achieving your dream of homeownership.
Prices for Single Family Homes are on the Rise. The January average home price climbed to $193,400 compared to $180,987 a year earlier, a + 6.86 % increase. At the same time, the inventory of homes for sale, as of January 31, continued its year-over-year declining trend to 4,185 from 4,867 a year ago, down – 14.01 %. As inventory continues to decline, the average price for homes will increase.
Rising home prices are just one of many reasons to purchase a home now. Check out this article on Realtor.com for more information.