Home prices are still moving higher while the pace of appreciation is slowing down. According to CoreLogic, nationwide home prices year over year rose by 10.5 % in April, marking the 26th consecutive month of year over year increase in home values. Meanwhile the census bureau reports a trend of preference towards building larger homes. The average size of a single family home built in 2013 hit an all-time high of 2,598 square feet.
And now for something completely different: Pittsburgh, Pennsylvania is also known as the “city of Bridges” and has more bridges than Venice, Italy. The city boasts 445 of them.
For more information on a home purchase, refinance, or a reverse mortgage, visit our website at www.ARAMCO.biz or call me at (877) 700-0942.
This is Mehran Aram with today's ARAMCO Report.