Average home prices across the nation rose a meager 0.2% in February to $195,000, according to LPS Applied Analytics ($24.50 0%), with early data from the firm suggesting another flat increase of 0.3% in March.
The increase in seasonally adjusted prices in February was the first rise since March 2010, and only the third rise in seasonally adjusted prices in five years.
However, the Jacksonville, Fla.-based firm remains guarded about the future of the housing market.
Read More: LPS: Home prices in February edge upward | HousingWire.
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.