Americans are beginning to gain ground against the worst recession in recent history as more and more economic indicators point to recovery. A new study from the Federal Reserve says household net worth in the U.S. soared $2.1 trillion during the last three months of 2010. Gregory Daco, U.S. senior economist for the research firm […]
Sidelined Homebuyers Preparing to Enter the Market
Sidelined Homebuyers Preparing to Enter the Market According to a new survey by Relocation.com, more Americans are positioning themselves to purchase a home in the near future. The survey found that some families are opting to rent while they research for deals to purchase a more desirable home in their area. There’s no surefire way […]
More Evidence of a Bottom in Housing
More Evidence of a Bottom in Housing According to recently released data, U.S. housing starts have risen 30% from their all-time low in April '09. In addition, building permits increased 38% over the same period. And not surprisingly, the Bloomberg index of home builders' stocks bottomed last July and has since risen over 50%. The […]
Pending Home Sales Showing Improvement
Pending Home Sales Showing Improvement Recent data finds that pending home sales are holding steady over the past couple of months, while indicating that market conditions have improved considerably since the height of the recession. According to the National Association of Realtors, its pending home sales index increased to 96.6 in December, marking a 1 […]