Housing Price Growth Slows Down, But Still Above Norm

A recent study by Trulia shows that home prices increased from May 2013 to May 2014 by 8% which was a slow down from previous months. Markets in Las Vegas and Sacramento which increased over 20% from May 2012 to May 2013, both increased at a 15% rate this past May.  The largest increase this Spring was Riverside-San Bernardino, CA at 18.8%.   Click here to see the entire Trulia analysis.

This is a perfect opportunity for senior homeowners to take advantage of the real estate market and utilize a reverse mortgage to secure their equity.  Click here to learn more about reverse mortgages.

Housing Recovery Back to Normal

The housing market continues on its road to recovery, as now one in six metro areas nationwide have either returned to or exceeded their previous norms and the national market edges 86% back to normal, according to the National Association of Home Builders (NAHB).  According to David Crowe, Forty-five percent of metro areas are recovering at a faster pace than the nation as a whole.  This is continued good news for the national housing market.  Read the entire article at:  http://www.nahb.org/news_details.aspx?sectionID=2694&newsID=16608