From February of 2013 to February 2014 home prices rose 22.4%. So a home that might have cost $200,000 just one year ago could cost as much as $244,800. Of course this will depend on location, age of home, updates and many other variables, but that is a big jump. Watch this video below to get more information about home prices and the market statistics. Is it cheaper to buy vs. rent? It depends on what part of the country you live in.
The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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