Home prices have continued rising across the country despite a slowdown in real estate activity going into 2014. The latest data from June showed that the trend continued into the summer.
Property information provider CoreLogic said that its June CoreLogic Home Price Index (HPI) report showed that home prices increased 7.5% in June 2014 compared to June 2013. This included data from distressed sales, which include short sales and real estate owned (REO) transactions.
Do you know the difference between homeowner’s insurance and a homeowner’s warranty? Do you know how an appraisal works? These are some of the questions that ERA Real Estate asked some volunteers recently in an effort to gauge their “Real Estate IQ.”