Home values biggest gains since '06

Zillow is reporting the median price of a home went up by 1.3% in the 3rd quarter, the largest gain since 2006. The average median price rose to $153,800 from $151,800. Home prices are rising nationally. Phoenix has the greatest rise climbing 5.9 %  above the 2nd quarter. Upward prices were influenced there by investor demand. Denver and Las Vegas were two other strong gainers.  Atlanta saw a drop of 2.2%, with New York, Philadelphia, St. Louis, and Cleveland still declining.