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Home sales rise in February, but is the market really improving?

Posted on 22 March 2013

As existing home sales continued their steady climb in February, low inventory is creating competitive markets in some parts of the country. But low prices and high demand aren’t creating a rapid increase in home prices. What’s wrong?
If you’ve been following US real estate recently, you know that it’s a “seller’s market” marked by “favorable buying conditions.” There is “pent up demand” that is limited by ”tight credit standards.”……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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