Real Estate home prices rose 12.4% year-over-year in July according to DSNEWS. 12.4% increase from July 2012 to July 2013. This is the 17th consecutive month with year-over-year improvement. “Home prices continue to climb across the nation in July with markets hit hardest during the downturn leading the way,” said CoreLogic president and CEO Anand Nallathambi.
If you purchased your home in July 2012 for $150,000, today your investment is worth $168,000. That’s a $18,000 increase. Where else can you make $18,000 in a year?
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