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34 When it comes to your property there is steel, and there is what people can steal. Vacant Property Security offers the toughest product available for securing your properties. BE STEEL SECURE » Digital keypad security and keyed steel doors » Custom and steel sheeting » Lot fortress » Exterior and interior debris removal » Cleaning/inspections » Quality control/digital locks and lock changes » Risk assessment » AC fortress » Weather and tamper proof security measures » Wireless monitoring with video snapshot capabilities » Silent and siren alarms » Solar Security lights » Lawn care » Snow removal » Utility bill transfers THE MULTIFACETED SOLUTION FOR YOUR EVERY PROPERTY SECURITY NEED. | 800.918.9100 | WWW.VPS360.COM | INFO@VPS360.COM 2017 FINISHED WITH RECORD PRICE GAINS Median home prices rose 8.1 percent year- over-year in 2017, according to the January National Housing Report by RE/MAX. e report indicated that 50 of 54 markets surveyed by RE/MAX reported price increases even though sales in December 2017 dropped 3.3 percent from a year earlier, with 39 markets reporting fewer transactions. e report indicated that a monthly supply of inventory of 3.7, which is the lowest December figure recorded in the nine-year history of the report, made sales harder. is corresponded with a 14.6 percent decline in inventory, lengthening a streak of monthly declines that began in November 2008. Even though the speed of home sales was recorded at 57 days, the overall days on the market median for 2017 was at 52.5 days—nearly a week less than the 2016 median of 58.5 days. "We see the median sales of home prices across the country rising every month, year-over-year, but the days on market and the supply of homes sales hit record lows in December," said Adam Contos, Co-CEO of RE/MAX. In 2017, homebuyers paid record prices, led by June's median price sold of $245,000. Prices increased year-over-year in every month of 2017, with December marking the 21st consecutive month of year-over-year price increases, the report said. "If inventory keeps getting tighter across the country, it'll be interesting to see how it might affect sales," Contos said. In terms of closed transactions, the overall average number of home sales decreased by 2.5 percent in December compared to November 2017 and decreased 3.3 percent compared to a year-ago period. However, 15 of the 54 metro areas surveyed experienced an increase in sales year-over-year and included Trenton, New Jersey; Richmond, Virginia; Burlington, Vermont; and Raleigh-Durham, North Carolina. Anchorage, Alaska; Wichita, Kansas; Fargo, North Dakota; and Wilmington-Dover in Delaware were the only four metro areas that saw a year-over-year decrease in median sale prices, while sale prices in 10 metro areas increased by double-digit percentages, with the largest increases seen in San Francisco; Las Vegas; Seattle; and Boise, Idaho. of prospective buyers say they can only afford half the homes in their markets. Source: January 2018 National Association of Home Builders survey STAT INSIGHT 79%