Evidence of the housing recovery is growing, including fresh data from both the National Association of Realtors and CoreLogic, among others, showing that home prices are rising at the fastest pace in more than six years. This statistical proof of improving housing market conditions also helps explain the increased confidence Americans expressed in Fannie Mae’s recent monthly survey:

“The mortgage finance company said its October poll of 1,001 Americans found that 72 percent believe now is a good time to buy a home, up from 69 percent a year earlier. And the percentage of those who believe it’s a good time to sell jumped 8 percentage points, year over year, to 18 percent,” writes Pacific Union International, in its current edition of “Real Estate Week.”

What do these trends mean for the buyers and sellers of property in Lafayette? Every family’s situation is different. Contact Dana Green at (925) 339-1918 or Dana@DanaGreenTeam.com to discuss yours.

For a closer look at national and more generalized San Francisco Bay Area data, click here to read, “Real Estate Week: Home Prices and Rents Climbing; Confidence Climbing Back, Too.”