Home Prices Rise 4.6%, Biggest Jump Since 2006
A leading index of property values jumped 4.6 percent in May as compared to May 2009, the largest year-over-year increase since August 2006. However, most analysts agree that the jump shown by the S&P/Case-Shiller index was largely attributable to the $8,000 federal homebuyer tax credit, which required a signed contract by April 30. Additionally, home prices exceeded forecasts for May in 20 U.S. cities. Unfortunately, the Conference Board also reported today that its consumer confidence index plunged to 50.4 in July, down from 54.3 in June
5 Reasons to Buy a Second Home Now:
If you already own a house, you probably have a pretty good idea about the rights, responsibilities, and financial obligations of homeownership. And if your experience as a homeowner has been a generally positive one, you might have toyed with the idea of buying a second piece of property.
Why should you consider buying a second home? Four reasons spring to mind: finances, fun, family and the future
©2008 Jan Lowery. All rights reserved. All content contained herein cannot be copied or used off this Web site in any way without the express written consent of the owner.
CENTURY 21® is a registered trademark licensed to
Century 21 Real Estate LLC
.
An Equal Opportunity Company. Equal housing Opportunity. Each office is independently owned and operated.
Internet marketing services by BroadSpire