Coastal Delaware Housing Recovery In Full Swing
Posted by Bill Mann on
If you were thinking about buying Coastal Delaware real estate, now is the time to make up your mind.
The long-awaited housing recovery is in full swing. Home prices shot up in America's largest cities in May, rising at a pace not seen since the bubble days, according to a closely watched gauge.
The recent Standard & Poor's/Case-Shiller index of 20 large U.S. cities indicated that average home prices across the 20 cities have now reached their spring 2004 level. For the first time, two cities — Denver and Dallas — surpassed the peaks they reached before the 2008 financial crisis. All cities tracked by the index saw prices rise from a year earlier and the previous month.
Low mortgage rates, a shortage of homes for sale and heavy investor demand have…
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