Positive real estate news and the second “shadow inventory”
My inbox is full of positive news this morning: December home sales trended upwards from the previous year. Home builders’ optimism score is higher than it’s been in the past two years. Core Logic’s chief economist says housing will turn the corner in 2012, citing “a quarterly survey by the New York Federal Reserve Bank, [...]
Triangle is #22 in real estate searches
According to the April 2011 report from Realtor.com, the Raleigh-Durham-Chapel Hill area is #22 in real estate searches, up from #23 in March. #22 may not seem so great until you consider that this is 22 out of 146 search areas. The average price searched for was $219,000 which is a relatively low price for [...]
