It may not seem possible, but the horrific housing market crash of the past few years has actually been worse than we previously thought.
We’ve known for a long time that the expiration of the federal home-buying tax credit would trip up the housing market. Many people who had been planning on buying a house down the road accelerated that decision in order to grab the credit. The byproduct of that acceleration was always going to be that post-credit [...]
The pace of existing-home sales was 10.1% higher in October than it was in September, according to figures out today from the National Association of Realtors (NAR). That jump puts sales back where they were in February 2007 and is sure to bring renewed optimism about the state of the housing market. In September we [...]
