Are Home Prices on the Rise?

August 9, 2019
Author: New England Home Mortgage

Are you considering buying a home this year?  Experts in the housing market have forecast some interesting statistics pertaining the cost of buying a home in 2018.  In the past year, home prices have risen an average of 6.5%.  A typical home is worth $12,500 more today than it was a year ago. 

What does this mean for new home buyers?  With housing inventory currently at a low, new home buyers are in a position to be less choosy and pay more for a home.  Home buyers should get a jump start on the Spring Housing Market.

Find out More About the Shifts in Prices or Homes for Sale in 2018.

(860) 736-2747
37 W. Center Street, Suite 208, Factory Square, Southington, CT. 06489