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Home Prices Finally on the Rise in Arizona, Florida, and Nevada? |
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 Driven by near record low mortgage rates and lower prices, home values are finally rising in the hardest hit cities in the U.S. housing mess, according to a new Housing Predictor report.
The hike in home prices is being demonstrated in three states where the markets were devastated by the real estate collapse, Nevada, Arizona and Florida.
A slowdown of bank listed REO homes precipitated by all 50 state attorney generals filing lawsuits against the nation's largest lenders over the robo signing scandal also contributed to the increase. Housing markets that have experienced some of the steepest deflation in home values in the nation are witnessing appreciation.
At Gay Realty Watch, we look for news to share with you about the gay real estate market - both lgbt real estate news and news specific to gay and lesbian real estate meccas.
Full Story from PR.com
Click here for gay realtors, mortgage lenders, and other real estate professionals.
If you have a gay real estate story that you'd like to share with us, contact us at info@gayrealtynetwork.com
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Published on:
April 18, 2012
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