Monthly Archives: March 2013

Home prices: Biggest rise since housing bubble

Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales. The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006. “This marks the highest increase since the housing bubble burst,” said David Blitzer, chairman of the index… (more…)

Existing-Home Sales and Prices Continue to Rise in February

WASHINGTON (March 21, 2013) – February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of Realtors®. Sales have been above year-ago levels for 20 consecutive months, while prices show 12 consecutive months of year-over-year price increases. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops,… (more…)

Is It Safe to Sell Your House Now?

By RUTH SIMON It might finally be time to come out of the basement. Seven years after the housing market began to collapse, rising prices and thinner inventories are presenting new opportunities for home sellers. Some hot markets are even seeing multiple offers for the same property—a phenomenon rarely seen since the boom years—as buyers become more confident and seek to… (more…)

Waterfalls on Lake Jocassee, South Carolina

  In November 2012, “National Geographic” released a special edition of the magazine called “50 of the World’s Last Great Places — Destinations of a Lifetime.” Among the places included in the issue was the Jocassee Gorges region straddling the North Carolina/South Carolina border. It’s a place where the high Blue Ridge Escarpment bumps rather abruptly into the foothills, creating… (more…)