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Markets on the Rebound

By
Mortgage and Lending with American Financial Resources

House with sold sign.Six years after the 2007 housing market crisis, more than one hundred U.S. cities are experiencing strong market comebacks. According to a recent report published by the National Association of Home Builders/First American Improving Markets Index (IMI), 101 metropolitan areas showed steady improvement in housing permits, employment and home prices for six consecutive months.

The 101 markets on the April IMI represent a net gain of two from March, with 13 new metros on the list. Texas and Florida dominated the IMI this month with 12 and 9 metros represented, respectively. The IMI diversity continued to expand this month, including newcomers such as Greenville, N.C. and St. George, Utah.

Here's a few more metros featured on this month's improving market index:

Little Rock, AR
New Haven, CT
Washington, DC
Rome, GA
Louisville, KY
Jackson, MS
Lincoln, NE
Burlington, VT
Huntington, WV

Visit www.nahb.org/imi to view the complete IMI list.


Information on financing a home in the following communities:
Little Rock
Washington
Louisville
 

Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

it is about time for this long hiatis to end!  we are slowly rebounding here in florida too!

Apr 09, 2012 05:01 AM