Real Estate Trends in Media PA

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Media, PA, United States
Direct: 610-420-0498 Office 610-627-4937 BHHS Fox and Roach Realtors Email: Homes@BrankaDoych.com Visit my websites www.BrankaDoych.com

Friday, June 3, 2011

House Prices in Our Area

House Prices in Philadelphia Area year 2000 to date...
Word from our Larry Flick...

The press has done it again — with the release of the latest Case Shiller Home Price Index they used data from the worst parts of the country to make a point that housing prices are back to 2000 levels.  Have you seen the Wall Street Journal article?  If not, here is a link:  http://online.wsj.com/article/SB10001424052702303657404576357170425058088.html?mod=ITP_pageone_0

Remember that Philadelphia is NOT included in the Case Shiller composite index that is released to the press.  In our area, prices are NOT at the 2000 level! 

I’ve completed charts with the same data as those you’ve seen in the news, but these are for OUR market areasplease  note the counties listed in each metro area.  Yes, prices have come down since their peak in 2007 but you can clearly see that our area’s housing has remained an incredibly sound investment.








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