Real estate blog entries tagged with markets viewed as improving double in month by Cherry Creek Mortgage

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Home : Blogs : Rick Kellow FHA & Reverse Mortgage Expert : Rick Kellow FHA & Reverse Mortgage Expert's Blog : Tag "markets viewed as improving double in month"

markets viewed as improving double in month: Markets Viewed as "Improving" Double in Month - 10/06/11 05:44 PM

Twenty-three metropolitan areas are now listed on the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) released on Thursday. This is nearly double the 12 markets listed as improving when the first index was released in September.
NAHB defines an improving market as one that has shown improvement for at least six months in housing permits, employment, and housing prices using indicators from the Bureau of Labor Statistics, Freddie Mac and the U.S. Census Bureau. A metropolitan area must see improvement in all three areas for at least six months after the respective trough for each indicator to … (0 comments)

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