Recent data on home builder confidence offers a promising look at 2015. According to the National Association of Home Builders (NAHB), builder confidence in the market for newly built single-family homes gained four points, bringing it up to a level of 58 on the NAHB/Wells Fargo Housing Market Index (HMI) released last month.
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Where are you ringing in the New Year? If it’s one of these amazing destinations, lucky you! If not, well…better start planning your New Year’s Eve getaway for 2016! According to the folks at Travel + Leisure, America is one spectacular place to spend New Year’s Eve. Particularly in one of these notable, party hardy cities!
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As the economy improves and housing demand grows stronger, it’s no surprise to see home prices trend upward. And while October’s median home price saw a fairly impressive boost, they remain 19% below peak prices, indicating that, while prices are growing, they are remaining affordable by historical standards. According to a November 26, 2014 article from RealtyTrac, a leading source for comprehensive housing data, its October 2014 Residential & Foreclosure Sales Report showed the median price of U.S. single family homes and condos in October was $193,000. This figure is up 2 percent from the previous month and is up
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