Uncategorized March 18, 2013

The Real Estate Market is Back!

Money Magazine: The Real Estate Market is Back

Posted: 18 Mar 2013 04:00 AM PDT


Last Friday, we ran an InfoGraphic from RealEstate.com that showed that the real estate market was coming back. Some objected that the information was from a survey of industry players that may have a natural bias. For the doubters, here is the cover of the latest edition of Money Magazine released this past weekend.

Money Magazine

The magazine supported their case by explaining:

  • In the last year, home prices increased in 92 of the country’s 100 largest metropolitan areas
  • Homes are more affordable than they’ve been in 40 years
  • The number of houses for sale is at the lowest level in a decade
  • Price increases are projected for most of the country this year

It seems that even the unbiased realize that Housing is Back!