Last week, I posted a Market Update that showed that the real estate market was coming back. Some may feel 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.
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!