Slowing Home Price Appreciation
No real surprise here – after a sharp bounce back off the bottom, particularly in core markets, home prices appear to be leveling off. Overall, this is probably not bad news, indicating that housing could be entering a period of stability after some volatility over the past few years. The spillover effect of this leveling on the land market could mean a stabilization in land prices, as well, which have been somewhat of a moving target so far during this recovery. \
About author
You might also like
Millennials Want to Own Homes Too, If U.S. Economy Would Consent
Kelsey Marshall and her boyfriend Chris Eidam, both 27 years old, call the home-buying process “terrifying.” But they’re clear about one thing: It beats the heck out of renting.
Conforming Loan Limits Continue to Impede Housing Recovery
The availability, or lack thereof, of mortgage financing has been one of the biggest factors impacting the pace of the housing market recovery. Loan limits on federally-backed mortgages have not
Homebuilder Optimism Looking Up
The NAHB Builder Confidence Index rose 4 points in April to 56. This was the first rise in five months although the index had never dropped below 50 during this