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Home Prices on the Rise: Has the Dunedin Market Stabilized?

There’s good news on the real estate front throughout America and right here in the Tampa Bay area. But, do you think the trend applies to Dunedin?

After years of stagnation, real estate analysts are finally reporting some good news on the home front.

According to Bloomberg, home prices rose more than analysts initially thought they would year-over-year in July.

“The S&P/Case-Shiller index of property values in 20 cities increased 1.2 percent from July 2011, the biggest 12-month advance since August 2010, a report from the group showed today in New York,” Bloomberg reported.

Analysts anticipated a 1.1 percent gain. While that .1 percent might not seem like a lot, it’s translating to seemingly good news in the Tampa Bay area.

The Tampa Bay Times reported that local home sales were up 12 percent in July over reports from July 2011. The median sales price also grew by 8 percent, bringing that number to $130,000.

Do you think the Dunedin housing market is following the trend? Post a comment below and share your thoughts.

Cisco October 01, 2012 at 08:25 AM
The American People have not caught a break over the last four years under the Obama Administration. Hint, it is not us.
Cisco October 01, 2012 at 12:09 PM
The American People have not caught a break over the last four years under the Obama Administration. Hint, it is not us
-Ed Harris- October 01, 2012 at 01:45 PM
NCI ESS not sure where you live but here the result of 40 years of Federal trickle down economics and cooking of the books finally came to a head in 2009. Nobody likes cleaning up after the party, it's a lonely job. After all this time housing is finally rebounding, the stock market is higher than ever and strong and jobs not only have been in a positive growth but now are really starting to ramp up. Are things perfect? NO! We are in a war that needed to end yesterday, public sector jobs need to increase by at least 25-30% and we are still using oil like it will last forever. We have a lot of problems, real problems. I am a Republican and I don't see my party even coming within the same galaxy close enough to address today's problems. Does the Democratic party have all the answers or the President? NO! They do seem to be a lot closer and a lot more open minded about coming up with answers. The childish bickering has to stop. We gotta drop this Red state, Blue state stuff and pull together! Together we are strong apart we just spin our wheels. That being said, things will get better slowly, it will just take longer if my party keeps dragging their feet and living/talking like we're in 1850!
Cisco October 01, 2012 at 04:12 PM
Obamas philosophies are all at least 100 years old. Proven failed ones at that.
-Ed Harris- October 01, 2012 at 05:36 PM
NCI ESS The President is at best a moderate republican in a democrats body so not sure what philosophy your referring to unless it's something off a Tea Party website or Fox News lol The President is not our problem. The United States Congress is our problem or should I say The Corporate States Congress. This is exactly the thing I'm talking about, you think degrading the President of the United States is somehow a way to go. All parties are off base not just one or one person. The days of going with the lesser of the two evils needs to end. 100 years ago was William Howard Taft (Republican), Taft's domestic agenda emphasized trust-busting, civil service reform, strengthening the Interstate Commerce Commission, improving the performance of the postal service, and passage of the Sixteenth Amendment. Abroad, Taft sought to further the economic development of nations in Latin America and Asia through "Dollar Diplomacy", and showed masterful decisiveness and restraint in response to revolution in Mexico. So I guess your right Taft and Obama are a lot alike!

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