Home prices rose in April for the first time in seven months, though they are still near record lows, according to a report out Tuesday.
Average home prices increased 1.3% in April in 20 major markets, according to the S&P/Case-Shiller home price index. This comes after prices hit new post-bubble lows in March.
As of April, average home prices nationwide are back to where they were in early 2003. Prices are down 34% from their summer 2006 peak.
Read More: Home prices rise for first time in 7 months
Travis Saxton is the marketing and technology manager at REAL Trends. Prior to operating this arm for REAL Trends, Travis was the director of online services for a newspaper consulting company. He greatly enjoys working with real estate companies adapt new cutting edge strategies and perfecting their online presence and systems. He has experience in the following areas: Websites, SEO/SEM, CRM/Lead Generation Systems, Traditional Marketing and Social Media Marketing, Real Estate Technology Consulting.