Archives for November 2012

INFO THAT HITS US WHERE WE LIVE…

We may not be standing in the middle of a fully recovered housing market, but we're clearly moving in that direction. Existing Home Sales were UP 2.1% in October, staying right near their highest level in over two years. Sales are up 10.9% from a year ago. The median price is now $178,600, up 11.1% over a year ago. And the supply of existing homes dropped from 5.6 to 5.4 months. The inventory of existing homes is down to 2.14 million, the lowest level since December 2002. Anyone who still … [Read more...]