Not too long ago almost every article discussing real estate was negative but now the pendulum, as it always does, has swung and you literally can’t find bad news anywhere. Home prices are up both locally and nationally, the number of transactions is up, days on market is down and investors everywhere are flocking back to real estate en masse. Here are some interesting articles about the status of the real estate market.
Home Prices Rising in More Markets – The recovery in real-estate values is accelerating, as more and more markets post gains in median home sale prices. (Wall Street Journal)
http://blogs.wsj.com/developments/2013/02/11/home-prices-rising-in-more-markets/?mod=WSJBlog
Home Prices Grow at Fastest Pace in Seven Years – Home prices in the fourth quarter of 2012 showed a rate of annual appreciation greater than in any quarter since the end of 2005… (mortgagenewsdaily.com)
Investors Are Betting Big on the Housing Recovery – Hedge funds and private equity firms have been rushing in to buy up companies and assets in every part of the housing market…(CNNMoney)
http://money.cnn.com/2013/02/04/investing/housing-market/index.html