Homebuyers' Investment Scores 15% Less House Than 7 Years Ago


Despite the month-to-month increase in home prices, some historical perspective is in order. While prices have gained 5 percent in the last year, they are still only level with housing values of around seven years ago. And the median home size is down to about 1,500 square feet. In fact, the incredible shrinking home is around 15 percent smaller than it was in 2003. But it still costs about the same. That's a pretty big (little) deal.
More on AOL Real Estate:
Find homes for sale in your area.
Find foreclosures in your area.
 

Add Your Comments


Please keep your comments relevant to this blog entry.Email addresses are never displayed, but they are required to confirm your comments. When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.


To create a live link, simply type the URL(including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted - no need to use <p> or <br> tags.

Poll

Mortgage rates are at an all-time low. What's keeping you from buying?
Lender requirements are too strict. I can't qualify for a loan.5025 (39.5%)
I have to sell my current home first.4348 (34.2%)
You could bring the interest down to 0 percent -- I still couldn't afford the monthly payments.3359 (26.4%)
AOL RealEstate on Facebook