We have now seen a steady increase in home prices for most of the past 18 months, and recent reports of significant housing shortages are being experienced in many cities.
Having 30+ years of experience in residential housing, it is no surprise to me values keep rising. Values as reported on the attached article by both Zillow and Case Shilling have yet to cause underwater homeowners enough relief that they can list their homes for sale, nor has there been enough time for new home builders to meet the current demand. Read the Housewire.com article.
