Real Estate Blog

The housing market is making a comeback in many parts of the country.

According to the U.S. Department of Commerce, sales of new houses increased by nearly 12% overall during 2014—the most since 2008—as interest rates remain at historic lows. 

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The metro areas with the largest median sales price increase since last year: 

  • Sacramento, Calif.: $267,000, 15% year-over-year increase
  • Austin, Texas: $266,000, 14% year-over-year increase
  • Las Vegas: $182,000, 12% year-over-year increase
  • Houston: $215,000, 12% year-over-year increase
  • Orlando, Fla.: $154,000, 11% increase year-over-year increase
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