Home values in 29 states and the District of Columbia are within their historically normal range, according to Freddie Mac’s latest housing index.
The Multi-Indicator Market Index now stands at a value of 81, indicating a national housing market that is on its outer range of stable activity. The MiMi has improved 6.17 percent year-over-year and has rebounded 37 percent since its all-time low in October 2010. Still, the index remains significantly off its high of 121.7. To read the article, click here.
If you are thinking of selling, now might be the time--contact us for more information, we would love to show you what your home may be worth!
(Source: Realtor Mag)