23.01.2013 - "Housing recovery" is more complicated than you think
When you stand back and look at the U.S. housing marketplace at the start of 2013, what do you see? A moderate to strong rebound underway in home prices in many areas, fast turnaround times from listing to sale, and multiple-offer competitions increasing as local home inventories plunge? Or maybe: A surprising and sobering stagnation in prices in large swaths of the country, with some areas experiencing lengthy times from listing to sale, despite inventory declines. The softening in these local markets could be significant enough to slow down the overall pace of national price gains this year...............................................Full Article: Source
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