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Week’s Housing News Included a Tuesday Surprise
With Henry County’s housing news behaving pretty much in line with the rest of the nation’s—that is, exactly as expected for a brisk spring selling season—you don’t usually expect to see much eye-catching housing news in the national press. That’s why last week’s USA Today Money section’s front page story was interesting. Inside, there was more, too. Tucked inside the same section was “THE WEEK AHEAD” which provided a day-by-day schedule about imminent housing news releases—a welcome heads-up for any devoted Henry County housing news observer. I’ll get back to how that wound up working out later...
The lead housing news item, headlined “AS RENT GOES UP, SO MAY HOUSING MARKET,” centered on the sort of shift that can wind up being indicative of something: for the first time in at least five years, they found “a milestone that should spur the sluggish home-buying market.”
That milestone was a rise in U.S. median rent prices, which climbed 4% from a year earlier—the most robust increase since March 2013. A little less firm was what the ‘something’ that this indicated, but the balance of opinion seems to be that the climbing rent number will prod more renters into buying a place of their own. This ... more

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