Nationally home prices have increased for five consecutive months, from March-July. Prices increased 0.6% from June to July and prices rose 3.2% from July 2009 to July 2010.
For those of you interested in buying, now is the time! Interest rates are at historic lows and prices are beginning to rise. Furthermore, Fannie Mae is currently offering 3.5% towards buyer's closing costs! Smart buyers are taking advantage of this confluence of opportunities.
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