Tag Archives: median home prices 4th quarter 2012

2012 Housing Market Saw Biggest Gain in 7 Years!

While many homebuyers and investors have sat on the sidelines expecting several more waves of foreclosures to keep the housing market depressed, the National median housing market ended 2012 with renewed strength and momentum.  According to the National Association of Realtors (NAR) there were more closed sales, higher median home prices, more pending sales and the year ended with the lowest housing inventory in more than a decade in many states. Continue reading