Home Prices Rising Nationwide
Posted by PreReal™ Prendamano Real Estate on
James Prendamano, CEO of Casandra Properties, once again had the opportunity to speak with Tracey Porpora from the Staten Island Advance. The topic of their discussion was centered around the Federal Housing Finance Agency’s second quarter House Price Index. Despite rising home prices across the country, the New York-New Jersey metro area has managed to only see a modest appreciation and comes in at 91 out of 100 metro areas in house price appreciation.
James was quoted in the article saying, “There has been, and we believe will continue to be, a shift away from what is now been dubbed the “McMansions” as the millennials continue entering the housing market. You’ll notice red hot real estate markets like Boise are offering a slice of city…
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