LPS: Home prices in February edge upward

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.

Author Bio:

Travis Saxton | Managing Partner In 2010 we had Travis Saxton, our Managing Partner, join our team and he has been working closely with many real estate technology and marketing companies and understands what brokerages and sales professionals need and want to become successful. He is featured weekly in industry publications, webinars, presentations, and regularly presents at national conferences and regional meetings.



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