Whether you invest in commercial real estate or residential real estate, there are endless ways to participate and hopefully profit in real estate investing. Staying on top of current trends and statistics in the real estate market will help make you make more informed real estate investment decisions. Take a look at 10 real estate facts all real estate investors should know right now about the real estate industry.
1. September saw the fastest increase in home values since 2005
According to a recent study by Zillow (NASDAQ: ZG) (NASDAQ: Z), property values rose 0.8% in September alone to $259,906. This is the highest single-month increase since the mid-2000s “boom.” Every major metro saw an increase in median home value, ranging between 0.5% to 1.5%, with the highest increases being in Phoenix; San Jose, California; and Seattle. Median list price nationwide is up 11.7% year over year as of the