Tag Archives: 4 Big Drivers of the Housing Market Recovery

The Wall Street Journal highlighted four primary reasons why the housing market recovery is strong. They are: Sales have made big leaps from year-over-year levels. Existing-home sales are up 9.7 percent compared to one year ago. Sales are at an annual rate of 4.97 million, which is the highest level since November 2009, according to NAR. Despite constrained inventories and recent price gains, home sales continue to post increases. Non-distressed home sales are increasing. Home buyers are showing high demand for non-distressed homes. In April, about 18 percent of sales […]