84 Markets Make ‘Improving Housing’ List – July 10, 2012

ImageDaily Real Estate News | Tuesday, July 10, 2012

This month’s “Improving Housing Market” list grew by four more metros, bringing the total number to 84 housing markets in July that are posting measurable and sustained improvement in their real estate markets, according to the National Association of Home Builders/First American Improving Markets. 

The monthly index identifies metro areas that have seen housing permits, employment, and housing prices rise for at least six consecutive months. 

Seventy-three metro areas from June’s list remained on the July “Improving Housing Market” list while 11 new markets were added this month. Some of the markets added that NAHB highlighted in a press release included Prescott, Ariz.; Springfield, Mass.; St. Cloud, Minn.; and Houston. 

“The modest increase in the July IMI is encouraging because it indicates that individual housing markets continue to regain their footing despite some recent reports of weakening in the broader economy,” says NAHB Chief Economist David Crowe. “This is evidence that the housing recovery is slowly but surely taking root, one market at a time.”

To view a complete list of the 84 metro areas on the July “Improving Housing Market,” visit www.nahb.org/imi

Source: National Association of Home Builders

About reneebaccaro

As a Realtor I know that Timing is everything in selling or buying a home. If you negotiate at the right time you can close escrow in the lead. Buying a home for most folks is the largest purchase of your life. Having an experienced - ethical - honest Realtor is very important. Call Renee to represent you when are considering your next real estate transaction. Renee Baccaro 01718366 (562) 972-9886. Blog: reneebaccaro.com View all posts by reneebaccaro

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