Phoenix skyrockets in top 20 improving markets list
Based on the National Association of Home Builders/First American Improving Markets Index (IMI) report released on Monday which monitors housing markets showing measurable and sustained improvement, there was little change from the month prior, with one major exception - Phoenix, previously not in the top 20 improving markets list, shot to the second most improving market in the nation.
Read article - AGBeat
Americans' Expectations Align to Encourage Home Buying
More consumers may be looking to purchase homes with a shift in several key housing market indicators, according to Fannie Mae's March 2012 consumer attitudinal National Housing Survey. More Americans now expect both home rental and home purchase prices to increase over the next year. In addition, confidence in consumers' views of their own finances is stabilizing. These trends may be providing Americans with an increased sense of urgency to buy a home as 73% of Americans now believe it is a good time to buy a home, up from 70% in February.
Read article - RISMedia
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