Biggest Home Price Rise Since the Bubble is Latest Sign of Housing Recovery

Based on a survey of the 20 largest markets in the nation, home prices posted their biggest gain of 8.1% this January since 2006. Low inventory on available homes for sale, near record-low mortgage rates and a drop in homes in foreclosure are all factors indicating that the housing market is well on its way to full recovery! Not only is this exciting news for those looking to buy or sell a home, but the housing recovery itself is helping to support overall economic growth by providing jobs to help meet the renewed demand. Home Prices: Biggest Rise Since Housing Bubble