Housing Price Surge Remember basic Economics - Supply and Demand'

Home prices are rising at the fastest rate in years, with some areas even seeing double-digit increases.

Supplies have dwindled as banks have pushed fewer homes through foreclosure and because many home owners are either unable or unwilling to sell due to a variety of factors related to the housing-crash 

Demand has picked up as the economy has added jobs, which has boosted household formation. Rising rents and falling mortgage rates have made ownership more attractive.

So as long as Supplies remain low and employement continues to improve home prices will continue to be strong. 

Word of warning .. if supplies drop to low Banks will soon release Foreclosures to fill the gap and cash in on increased value and continued buyer demand 

If you wnat to know you homes value contact me today