Home Prices Inching Up

[flip_it_fast]

Despite the still weak economy, high unemployment rates and families simply struggling, home prices are inching their way up.

Mind you the prices are only up 1.5% which is very minimal, it is something.

The year over year home price rate is right where the experts had predicted that they would be.

"All year we've been seeing relatively flat national home prices, which appear to be supported by market fundamentals," he said. "We don't expect any consequential movement in home prices for the foreseeable future," said Yun.

Although the canges are minimal, at least they are positive rather than negative for a change. It's going to take a very long time for the housing market to make a complete recovery.

[Lady Flipper]

Still a great time to flip.... Wish I had money sitting around!