Thursday, April 2, 2009

Nationwide home prices rose for the first time in a year according to the FHFA.

U.S. home prices rose 1.7% in January compared with December, the Federal Housing Finance Agency reported Tuesday. It was the first monhtly increase in a year. The unexpected rise in January was partially due to stronger sales in isolated markets. The agency warned that its estimate was uncertain and subject to large revisions. Several consecutive months of improved prices will be necessary before we can call this a true turnaround.

David J Edwards
Real Estate Agent & REALTOR
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
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iCommunity Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEFView This Week's Market Conditions Around Your Home: http://www.homeinsight.com/Widget/default.asp?BFBMVVHW4HZT

The David J Edwards Team specializes in Residential Real Estate for buyers and sellers.

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