The real estate market has started to recover from the downturn over the last few years in many areas of the country, including right here in Springfield. More and more people a simply thinking about buying a new place to live. February 2013 has been the busiest February for purchase loans I’ve experienced since jumping …
Over 70% Of US Metro Market Housing Markets Improve In February
The National Association of Homebuilders recently released its Improving Markets Index for the month of February. The report attempts to identify U.S. metropolitan areas in which the economy is improving, demonstrating “measurable and sustained growth”. All major Missouri cities saw growth, see chart below. 259 U.S. markets are qualified as “improving” this month, a 17-market …
Todays Improving Housing Market
Market Update QUOTE OF THE WEEK…“I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel“–Maya Angelou, American author and poet INFO THAT HITS US WHERE WE LIVE… Homeowners in Springfield that are putting their homes on the market appear to be …
Case-Shiller Index Shows Near 6% Home Price Gain
Home prices continue their upward climb. Last week, the S&P/Case-Shiller Index showed home prices gaining 5.5 percent during the 12-month period ending November 2012, marking the largest one-year gain in home prices since May 2010. The Case-Shiller Index measures changes in home prices by tracking same-home sales throughout 20 housing markets nationwide; and the change …
Pending Home Sales Post 20th Consecutive Month Of Annual Gains
The National Association of REALTORS® (NAR) reports that the Pending Home Sales Index fell 4.3 percent in December as compared to the month prior. The index now reads 101.7. The Pending Home Sales Index measures the number of U.S. homes that have gone “into contract”, but have not yet closed. The report is based on …
