5 markets beating the housing bust (2 are in New York state) and rates from SEFCU

Did you know that there are five markets in the United States where the median sales price growth from 2008 to 2011 was an average of 14.5%?  How about this - two of those markets are in New York State!

 

1.            Buffalo, NY

                Median home sales price: $119,200
                Median sales price growth from 2008 to 2011: up 13.1%

 

2.            Elmira, NY

                Median home sales price: $103,400
                Median sales price growth from 2008 to 2011: up 18%

 

3.            Davenport, Iowa

                Median home sales price: $109,900
                Median sales price growth from 2008 to 2011: up 17%

 

4.            Shreveport, Louisiana

                Median home sales price: $156,200
                Median sales price growth from 2008 to 2011: up 12.8%

 

5.            Indianapolis, Indiana

                Median home sales price: $123,900
                Median sales price growth from 2008 to 2011: up 11.4%

 

I think it is GREAT to see that two of the markets where we have seen notable growth in the median home sales prices are in New York State!  The above information is compliments of Smart Money (By AnnaMaria Andriotis | Smart Money – Thu, Feb 23, 2012 3:36 PM EST).

 

 

                Here are the current rates (no points) from SEFCU - these are all based on 60 day rate locks too!

 

                3.875%                  30 year conventional fixed

                3.25%                    15 year conventional fixed

                3.75%                    30 year FHA and VA fixed

 

Bonnie Sindel

Bonnie Sindel

Licensed Real Estate Salesperson
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