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b"US home prices rose modestly in June, pushed up by strong sales and a limited supply of available properties. Economics 101 in play here. Strong demand and limited supply factor in to create rising prices and a growing challenge to affordability.Low mortgage rates are pushing in the other direction by making home purchases more affordable. The average rate on a 30 year fixed mortgage was 3.43% last week according to Freddie Mac, not far from its record low. The S&P core logic Case-Shiller 20 city home price index just released last Tuesday showed that home prices nationwide increased 5.1% in June compared with a year ago. This modest, but steady, growth bodes well for real estate investors who own properties already. For those who remain on the sidelines, the clock is ticking. Are you wondering what this means to you? Then listen to The Real Estate Show with Eric Willner every weekday morning at 8 o'clock on WSBR AM740. Also on Facebook.com/TheRealEstateShow, #TheRealEstateShow, #EricWillner, #WSBR, #AM740"