Monday, December 06, 2004

Study shows real estate prices in the West are leading US

It has been reported that "For the sixth quarter in a row, the Pacific states – which includes Alaska, California, Hawaii, Oregon and Washington – lead the nation in annual house-price appreciation, growing at 20.9 percent, according to Freddie Mac's Conventional Mortgage Home Price Index."

Yykes! The report also states "During the last five years, home values have increased 76.8 percent."

No wonder so many people consider their home an investment, not just a place to live!

To read about it, go here.

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