Healthy Rebounding Housing Market
Posted by ERA Landmark Real Estate on
Though local real estate trends are what I normally focus on, it is still important to view statistics on a larger, national scale to stay “in the know.” This month’s article is somewhat of a potpourri of topics surrounding the real estate industry.
Realtor.org recently reported that over 70% of our national housing markets which are classified as “metro markets” are showing signs of improvement. (Note: A metropolitan statistical area is a geographical region with a core urban population of 50,000 or more people as defined by the U.S. Office of Management and Budget and used for statistical purposes. There are currently 381 metro markets in the U.S.) This number is three times greater than the number in June 2012. The criteria include strengthening…
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