February new home sales data came in at 539,000 units. This marks a 7.8% improvement from the prior month and a 24.8% increase from the year ago period. While it is is still early in the year, 2015 seems to be off to a good start in the new home market.
Housing prices in greater Los Angeles rose 4.8% from the prior quarter while sales improved by 6.5% with houses staying on the market an average of five days. The median
One of the most lucid commentators on housing market economics, Calculated Risk’s Bill McBride, see an increase in residential investment for 2014. As the charts in this blog post make
While most prognosticators are predicting improved housing market conditions in 2015, there are still some risk factors which could derail the recovery. In the following article, five potential obstacles to
