According to the latest S&P/Shiller Home Price Index, single family home sales rose again in August, posting the strongest gain in more than seven years, prices were up 12.8% over last year. But remember, the #1 rule of real estate is location, location, location and in our area, we are seeing just how local the real estate market can be. Price trends are hyperlocal, changing with the neighborhood or subdivision. Let me know if you're interested in a CMA (comparative market analysis) of your neighborhood.
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