For the first time in 18 months, home prices in February rose higher. With a median price of $171,881, prices in the 53 cities surveyed by the RE/MAX National Housing Report rose by 1.1% over February 2011. Home sales were even higher, up 8.7% from one year ago. With a positive sales trend of 8 straight months above the previous year, it’s looking like 2012 will witness a very strong home-selling season. As a result of reduced foreclosure activity, inventory continued a downward trend for the 20thstraight month, 22.4% lower than the housing inventory in February 2011. Consumer sentiment appears to be rising, and record low mortgage rates coupled with favorable home prices are attracting homebuyers and investors who don’t want to miss a historic opportunity.
The above is an excerpt from the monthly RE/MAX National Housing Report. Click here to read the full report.
November home sales were 8.1% higher than sales in November 2010, according to 
Weather and real estate are related, right? It certainly seems to be the case for the June 2011 Twin Cities and Milwaukee metro housing markets! Click the links below to read the full RE/MAX North Central Monthly Housing reports:
The RE/MAX Monthly Housing Reports for December 2010 for the Twin Cities Metro and the Milwaukee Metro are now available. These reports highlight housing statistics provided by the RMLS and gathered on behalf of the Minneapolis Area Association of REALTORS® and the Greater Milwaukee Association of REALTORS®. The reports have been distributed to Twin Cities and Milwaukee area publications and broadcast stations and are now available for you to download.
![Site Builder: Site Content [Webinar]](http://www.soldsignblog.com/wp-content/uploads/2013/04/LeadStreet-Featured.jpg)
