Finally, Evidence of a Housing Market Turnaround

It’s nice to pick up the paper (rather click through the paper, but that’s another story) and read some good news about the economy and specifically in the housing market.

After several years of false hopes, there is evidence the housing market is starting to recover. Prices are rising. Sales are increasing. Home builders are clearing lots and raising frames.

Roughly six years after the housing market began its longest and deepest slide since the Great Depression, a growing number of experts and people who actually put money into housing believe the end has come.

Indeed, in a growing number of areas demand for homes is outstripping supply.

The number of homes for sale has been falling for more than a year, according to the National Association of Realtors.

The pace of economic growth remains slow and fragile, nevertheless, slower usually means stronger.

Finally, Evidence of a Housing Market Turnaround was last modified: January 24th, 2019 by ed_wpdev