PROOF: Black Hills Real Estate Prices Are Booming ! (Relatively)

© 2008 Lee Alley, www.BHhomes.INFO. Thank you, fellow agents, for your compliments and confidence. Please cite the copyright notice in the line above each time you use this information.

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Today the Federal Housing Finance Agency released updated nationwide figures for the Monthly Housing Price Index (HPI). If anyone doubts that the Black Hills is increasingly the place to be investing in real estate, mention that Black Hills residential housing prices are up 3.7% over last year. Then show them this chart of the national housing market, released today.

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Of course that is for sold homes. I believe the more interesting story is for un-sold homes (which is what sellers compete with, and what buyers are looking for). But that is a topic for later. For more information, please see www.BHhomes.INFO.