Home Prices Have 9.6% Gain Compared to 2011


Across the U.S., the latest market stats have shown that foreclosures are down, home sales are up, and according to the National and State Realtors Associations, July saw a rise in home prices of 9.6% when compared to July 2011.

Many experts believe that these numbers are good indicators that the housing market may be climbing its way back up to a recovery.  “The housing market is starting to recover in most areas of the country, ” said John Burns, head of John Burns Real Estate Consulting, “…[and] home prices are appreciating again.”- he said.

This is great news for many of the prospective home buyers searching for new homes for sale in the Birmingham area.  New home communities, such as Ross Bridge, have become more and more appealing as a great investment opportunity while mortgage rates remain near historic lows and home values continue to rise. New homes in the Ross Bridge Community are priced for a rang of affordability starting from the upper $230s, and offer residents the perks of living in golf resort community that is sure to meet all of the needs of you and your family.