Average U.S. Homes Worth More Than a Year Ago

The Office of Federal Housing Enterprise Oversight said on Wednesday that the value of the average U.S. home increased 13% in the 12 months ending in December. This being said one could assume that the Las Vegas market will also see an increase. T

here was a 2.9% increase in the fourth quarter on typical home values. There was no evidence of slowdown according to the Office of Federal Housing Enterprise Oversight. This too would indicate that there has not been a slow down in the real estate market.

These facts could also be used to explain the increase in condos we have seen across the U.S., including the boost of local condos.