Thursday, July 18, 2013
"Sometimes we stare so long at a door that is closing that we seek too late the one that is open." -- Alexander Graham Bell, American Inventor
According to the Federal Housing Finance Agency upward momentum in home prices remained strong in the first quarter of this year. As a result, home prices inched upward 1.9% from the previous quarter. This is the seventh consecutive quarterly price rise in the purchase-only, seasonally adjusted index.