| Is the real estate market better yet? Seeking a way to aggregate local data, the National Association of Home Builders and First American Title Insurance constructed an “Improving Markets Index” in an effort to track metro area markets as they came off their housing lows. The good news is that the index leapt last month, with 40 cities being added to the 41 already on the list — while just five fell off.
To make the list, a city has to show recovery as measured by three criteria: housing price appreciation, job growth, and single-family housing permits (this does come from the Home Builders, after all)...............................................Full Article: Source
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