There might finally be some good news this year about the nation's dismal housing market. Or, at least, the bad news could stop.
Either way, it will be welcome relief for current homeowners as well as for potential real-estate investors. Reasons to be optimistic have been sadly lacking since the housing bubble burst in 2006.
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I wish I could be with my mother on her birthday today, but the wish for more is just as great, close by or far away!! Love you.
In 1973, fewer than one in four U.S. homes were two or more stories. But a National Association of Home Builders study last summer found that changed dramatically over the following three decades, until the multi-stories made up 57 percent of the supply in 2006.
If you are thinking of buying for the long term, buying is a good idea. Just save the down payment and jump in!
“The delinquency rate is the best leading indicator we have of where the housing market is heading,” said Mike Fratantoni, the MBA’s vice-president for single family research. “All told, the delinquency numbers are sending a very clear message that we’ve turned a corner and that things are improving.”