Good news for real estate owners in Philadelphia: The median sales price of homes in the metro area increased 35.9 percent to $229,9000 during the three-month period ending in February, according to the recently released Market Report.
And it’s the second consecutive time the City of Brotherly Love topped the chart, having seen median home price increases of 21.6 percent during the three-month period ending in January.
Values in New Orleans for the three-month period also increased 18.7 percent to $165,000, and Columbus, Ga., saw a 17.8 percent increase to $139,000.
Potential indications for the trend to follow in the rest of the country. San Diego and Riverside counties in California are next. Prepare yourself for the changing market that is happening now. Call for conseling on for investing or a buying a home to live in now, while the market prices and interest rates are still low. Click Go to my website