So the housing market is actually solidifying a foundation for more than stability, but to actually build a full strung reocvery. “The fact that most markets are maintaining their spots on the improving list from month to month is an important indication that the recovery trend is solidifying,” agreed NAHB Chief Economist David Crowe. “At …
With construction starts remaining steady, existing home sales hitting their highest level in two years and foreclosures dropping, the housing sector is 42 percent of the way back to normal, up from 34 percent in July, according to Trulia’s monthly housing barometer, released Monday. That is a 3 pronged attack moving the housing market upward. …
As S&P released the Case/Schiller Index for housing, there was over all rejoicing. The report also noted that all 20 major metro areas tracked by the S&P/Case Shiller index posted gains in June from May. That’s the second straight month in which prices rose in every city measured. That is only part of the story …
Phoenix home values will have the largest national gains in 2012, according to a recent forecast by Zillow, a Seattle-based real estate tracker. This is an unsurprising statistic for us at the U.S. Property Shop because we have seen Arizona inventory fly off the shelf for lack of a better term. Phoenix has an unemployment rate well below …
The economy in many ways is a self fulfilling prophecy. When people think it is bad, people feel bad and things get worse. The good news is that the opposite is also true. When people feel good about their job and the economy, they spend more money and economic output increases. News according to Gallup …
We are certain that you have been following the news about the U.S. real estate market, and are well aware of the constant conflicting news that sales are up AND prices are down. Is this conflict also the same one that is conflicting your choice to invest NOW in the United States? We are here …
This was the title of a post from the Wall Street Journal. Why is this something that you should pay special attention to? It is the builders who are driving this article. There are now 76 local markets in the United States that have experienced, a number of factors that indicate “signs of improving economic …
Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors In addition to the rise in pending homes sales that is gaining strength considerably, this information is a welcome addition to the rise in existing homes sales, which we posted on our blog …
It is amazing to see how much of an effect the media has on the mindset of people. It is just as amazing to do research, and find facts that the media has neglected to mention. Let’s use the following quote as case 1, from the September National Housing Survey, “The September survey showed a marked deterioration in consumer …
