The housing affordability index rose to 174.8 in April from an upwardly revised 171.9 in March, and was the second highest monthly reading on record after peaking at 176.9 in January of this year. According to Lawrence Yun, NAR chief economist, the total number of home sales is expected to improve but with dramatic local market variation in the timing of the recovery. “The market has already bottomed in some areas, but this is an unusual housing cycle with some areas improving rapidly while others languish or decline,” Yun said. On the flip side, the Adversity Index from MSNBC.com and Moody’s Economy.com reported signs of a turnaround in 33 of the nation’s metro areas. While that’s less than 10% of all metro areas, it’s still significant, says economist Andrew Gledhill of Economy.com. He also feels there are signs that builders are growing modestly more confident about their prospects.
Blog Search
Search Homes
| Contact us | |
|
|
Bloomkey On Twitter | Facebook
- #realestate Just Listed: 8019 Greenview Terrace Court , Charlotte, NC $379,900 http://bit.ly/ajSSm4 09:15:41 PM February 02, 2010 from Facebook
- #realestate Just Listed: 7125 Longmoor Drive , Fayetteville, NC $122,500 http://bit.ly/9HwnRw 09:15:01 PM February 02, 2010 from Facebook
- #realestate Just Listed: 3 Clydesdale Court , Hampton, VA $349,900 http://bit.ly/c2O9HL 09:14:21 PM February 02, 2010 from Facebook
- #realestate Just Listed: 7968 Mariners Pointe Circle , Denver, NC $158,00 http://bit.ly/bVW2Dq 09:13:51 PM February 02, 2010 from Facebook
- #realestate Just Listed: 1300 Forest Point Drive , Chesapeake, VA $349,900 http://bit.ly/9BvZ9Q 09:13:22 PM February 02, 2010 from Facebook
- #realestate Just Listed: 75 E. Phil Ellena St , Philadelphia, PA $109,900 http://bit.ly/cBn4TW 09:12:51 PM February 02, 2010 from Facebook
- #realestate Just Listed: 924 Abbiegail Drive , Tallahassee, FL $150,000 http://bit.ly/9M9mT8 09:12:20 PM February 02, 2010 from Facebook
- #realestate Just Listed: 8354 SW 10th Road , Gainesville, FL $359,000 http://bit.ly/9Ptfa9 09:11:17 PM February 02, 2010 from Facebook
- #realestate Just Listed: 1232 Waddell Street , Archbald, PA $259,900 http://bit.ly/93IwfD 09:10:44 PM February 02, 2010 from Facebook
- #realestate Just Listed: 909 Silversmith Circle , Newport News, VA $269,000 http://bit.ly/9rEhIa 07:49:39 AM January 29, 2010 from Facebook











