Home Values Rise at Fastest Pace in 12 Years, According to Zillow

Crazy Home Values FNL

National median home values are rising at their fastest pace in 12 years, according to the April Zillow Real Estate Market Report. Over the past year, home values across the country rose 8.7 percent to a median value of $215,600. Home values have not appreciated this quickly since June 2006, right before the housing bubble bust, when they were…

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Home Value Appreciation Beats Working a Minimum Wage Job

Minimum Wage Homes

Home values have been appreciating more per working hour than local minimum wage pays in about half of the nation’s 50 largest cities, according to a new report from online real estate firm Zillow. The typical U.S. homeowner is gaining $7.09 of equity in their home every hour they’re at the officeii, slightly less than the federal…

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