Starter Home Prices Are Rising Faster in the Housing Crunch

Oxford, Miss. (May 12, 2016) – The Spring 2016 homebuying season will soon mark the sixth year into the housing recovery. With steadily rising property values and homeowners' equity, the housing market continues to regain its footing while mortgage delinquency and home foreclosures are falling to all-time lows since the 2007 housing downturn. Early estimate shows the average home price in April reached $231,000, up 7.4% from the same Continue reading...(read more)

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