Housing Market Sour Note Not Indicative of 2014
According to several reports from the National Association of Home Builders (NAHB), 2014, which had been a positive year month-to-month, lost some ground in the final months. Although it's not all bad, it does stand to show that not every month, despite the increasingly positive outlook on the housing market, will be positive…
Positive September: Home Sales Increase, Along With the Price
Let's take a moment and thank September for a great month in national home sales. The rise in home sales continues and this past month is quite indicative.
For existing home sales–5.17 million, it was the strongest month in an entire year, according to a report by Zillow, a real estate research company. This total is also up 2.4 percent from last month. The volume of these existing home sales had been on a decline, but this month turned that around.
Not only was existing home sales up, but also the price of these homes. The average cost of these homes was $209,000, which was up 0.6 percent from Augu…
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