I want to share just the first portion of this article which came out on 11/21/07. It is written by Matt Woosley. "
Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation's housing markets, driving down prices and stalling sales. But it's not so in Salt Lake City, and San Jose, Calif., where prices have continued to climb without so much as a hiccup.
In Salt Lake City, the median home sale price for the third quarter this year rose 14% over the same time in 2006, according to data released today by the National Association of Realtors (NAR). That's the biggest increase of the country's 50 largest metros measured. Prices in Charlotte, one of the country's most undervalued markets, surged 11%. In San Jose, they jumped 9.4%. "
You can read the full article here.
If you have any questions, please call me. Now is the time to buy a home!
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