Houston area property sales have now remained positive for 16 straight months. September’s flurry of home buying has reduced inventory and created a hike in prices. While monthly sales volume eased a bit compared to August, there was enough activity to lower available housing inventory...
Read More
Source: Realtor Magazine
Fifty-one percent of Americans in a recent poll say that if their financial situation were to improve, they’d buy a home. Coming in second on the list of wishes, they’d make repairs or improvements to the home they already have, according to the poll of more than 1,400 Americans conducted by the National Foundation for Credit Counseling Web site, www.DebtAdvice.org.
Meanwhile, 17 percent of Americans polled said they’d upgrade their car and 9 percent said they’d take a vacation.
We’ve needed something positive to show us that the housing industry is turning around. Here are nine reasons posted byHousingZone.com that tell us we might be looking at a better 2012 than 2011 in the residential construction market. 1. Unemployment drops to lowest point since 2009 The unemployment...
Read More
By Jonathan Sweet, Editor in Chief HousingZone.com September 1, 2011 As the unemployment rate stays stubbornly high and housing remains mired in recession, several proposals have come down the pike lately on how to jumpstart a recovery in both areas. Here’s a look at a few...
Read More