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Housing Prices

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Saturday, December 29, 2012

2013 Real Estate Market Poised for Growth

Housing prices rose in 2012 setting the stage for a stronger real estate market in the coming year

Home prices nationwide posted their largest jump in two years in 2012, according to a CNN Money/WFMZ report. That news comes following a report that November was another good month for real estate sales, according to the Lehigh Valley Association of Realtors. Year-to-date sales are recorded at 5,312, up 15.1 percent over 2011 year-to-date sales of 4,614. “LVAR members have reported that homebuyers are taking advantage of favorable market conditions and our extensive research puts solid numbers behind what we are hearing,” says Ryan Conrad, CEO of LVAR. “Our data, compiled from Realtors® throughout the Lehigh Valley region, indicates that home sales and pending home sales increased over the same time the previous year for the past seventeen…

Raj kumar

4:21 pm on Wednesday, January 9, 2013

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