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Home prices nationwide soared 10.2% in February!   This is the largest year-over-year increase in home prices since March 2006, according to CoreLogic.   It also marks the twelfth consecutive monthly increase in national home prices. According to CoreLogic’s report, these figures includes distressed sales.   When excluding distressed sales, home prices rose 10.1% year-over-year in February. Nationally, home prices improved at the best rate since mid-2006, marking a full year of annual increases.   CoreLogic predicts that home prices (excluding distressed sales) are expected to rise 11.4% year-over-year from March 2012. Off to a great start in 2013!             For more more real estate news , visit my website at CristinaTheREALTOR.com .  

February existing-home sales and prices affirm a healthy recovery is underway in the housing sector, according to the National Association of REALTORS® . Sales have been above year-ago levels for 20 consecutive months, while prices show 12 consecutive months of year-over-year price increases. Total existing-home sales , which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 0.8 percent to a seasonally adjusted annual rate of 4.98 million in February from an upwardly revised 4.94 million in January, and are 10.2 percent above the 4.52 million-unit level seen in February 2012. February sales were at the highest level since the tax credit period of November 2009. For more more real estate news , visit my website at CristinaTheREALTOR.com .

Continued great news! In a press release to the media today, Maine Listings reports that Maine home sales increased 21.39% in January 2013 compared with January 2012. In that same time period, the median sales price increased 3.18% to $162,000.   To read more, visit: http://mainerealtors.com/ Statistics/2013PressReleases/ MaineHousingReport- January2013.pdf