If you have been following the news, you know the economy is getting better, unemployment rates are improving ever so slightly, consumers are spending a bit more while not going overboard and consumer confidence is improving. And you are hearing many point out that the above factors are having an impact on housing. How much? A lot according to economists and those who study such things. But I noticed something yesterday that I find quite interesting.
It’s all about consumer confidence. If you didn’t think that American nerves are rattled by the recession, continued high unemployment figures and the recent Capitol Hill squabbling, you don’t have to look further than two recent reports involving housing for proof. We are a skittish nation right now. The National Association of Realtors reported that [...]
If you believe that housing will play a critical role in the recovery of our nation’s economy, today’s news from the National Association of Realtors (NAR) hopefully brought a smile to your face. But before I continue, I want to caution everyone that while NAR’s existing-home sale report looks good, we still have a [...]