real estate lawrenceville ga: How Strong or Weak is the housing market ..today? - 12/03/12 11:36 PM
3 key indicators of the housing markets Strength or Weakness
1.) construction starts
2.)existing-home sales
3.) delinquency+ foreclosure rate
In October 2012, all three housing measures improved: construction starts increased again, existing-home sales rose, and the delinquency + foreclosure rate dropped considerably. 
Construction starts rose from last month’s high. Starts in October were at an 894,000 annualized rate, up 4% month-over-month after a big jump in September and up 42% year-over-year.
Existing-home sales recovered in October. After slipping in September, existing home sales rose 2% month-over-month to 4.79 million in October and are now just a bit below their post-crisis … (0 comments)

 
Eric Reid (Renaissance Realty Group of Keller Williams Atlanta Partners)

Eric Reid

Lawrenceville, GA

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