Although the U.S. is gripped by the cornonavirus outbreak, there was some good news for the real estate industry as existing home sales performed better than expected, with three out of four regions showing an increase in sales, according to National Association of Realtors’ data. The NAR said total existing home sales, which includes single-family,
Housing’s Fundamentals Call For Positive Outlook With Extreme Caution
January 2, 2012 by
While the recent news about housing has taken on a more positive tone, and a number of housing related stocks are going up, the basic fundamentals of the U.S. housing market are trending in a more dubious direction…