Stanislaus County homes sold for $40,000 more last month than they did a year ago, boosting June's median price to $175,000, just-released statistics show.
That nearly 30 percent year-over-year increase shows the real estate market recovery is solidly under way. But not everything is rosy in the housing industry.
There simply are not enough Stanislaus homes on the market to meet demand, agents insist. That's causing bidding wars and houses being sold for higher than their appraised values.
Full Story: http://www.modbee.com/2013/07/22/2820283/stanislaus-conty-home-prices-jump.html
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