FHFA Releases 4th Quarter 2014 Home Prices
The FHFA released the 4th Quarter Home Prices for 2014. Looking at the breakdown regionally, year-over-year, prices are up across the country. We always like to give you the regional outlook so you can compare different areas of the country.
Breaking down prices by state, with the exception of Vermont & Maryland, the entire country is experiencing higher prices than the 4th quarter of 2013.
If you have a client who is relocating to another state, it is important to show them the different rates at which home prices are appreciating to show them how waiting to buy could significantly impact the price they pay for their next home.