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Homes prices are going up and the homes are flying off the shelf.

by Diane Broussard


Home prices are continuing their long-term spell upward, with a February gain of 6.3 percent, according to the S&P CoreLogic/Case-Shiller Indices.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.), rose 6.5 percent year-over-year, an increase from 6 percent in January. The 20-City Composite—which is an average of the 10 metros in the 10-City Composite, plus Atlanta, Charlotte, Cleveland, Dallas, Detroit, Minneapolis, Phoenix, Portland, Seattle and Tampa—rose 6.8 percent year-over-year, an increase from 6.4 percent in January. Month-over-month, both the 10-City Composite and the 20-City composite rose, each 0.7 percent.

“Home prices continue to rise across the country,” says David M. Blitzer, chairman and managing director of the S&P Dow Jones Indices Index Committee. “The S&P CoreLogic Case-Shiller National Index is up 6.3 percent in the 12 months through February 2018. Year-over-year prices measured by the national index have increased continuously for the past 70 months, since May 2012. Over that time, the price increases averaged 6 percent per year. This run, which is still ongoing, compares to the previous long run from January 1992 to February 2007, 182 months, when prices averaged 6.1 percent annually. With expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue.

El Dorado County Real Estate has fresh new listings

by Diane Broussard

Hello All,

Wow, as daylight savings comes to give us more light, the real estate market gets a new burst of homes to view. Take a peek at my web site www.RanchandVines.com and see all the new listings available in El Dorado County.

Displaying blog entries 1-2 of 2

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Diane Broussard
Diane Broussard Real Estate with Hall and Associates
851 Pleasant Valley Road
Diamond Springs CA 95619
Cell: (209)337-8172
Home Office:(530)295-8440
Fax: 916-244-0238

For all your Buying and Selling Real Estate  needs in El Dorado County

Visit Diane Broussard- "Your Horse Property Guru"!  

RanchandVines.com  530-295-8440