REAL ESTATE AND MORTGAGE RATE UPDATE 12/10/2013

REAL ESTATE AND MORTGAGE RATE UPDATE
Marc Demetriou Real Estate and Money ShowMortgage rates are back up at 2 month highs and there is still a serious shortage of houses for sale in the under 1 million dollar sale price. Home values are still continuing to trend higher due mostly to the lack of inventory which is causing bidding wars. Values should continue to go up by about 5 to 8 percent annually over the next few years. Continue reading