real estate industry

Housing Affordability Still Remains High, Despite Rising Home Prices

Home prices in 150 U.S. cities saw their biggest year-over-year gains in more than seven years in the first quarter of 2013, but affordability still remains high in most markets, according to the National Association of Realtors (NAR).  The NAR reported that the national median price for an existing, single family house was $176,600 in …

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Positive News for this Month's Real Estate Market

The National Association of Home Builders (NAHB) is feeling good this month. NAHB released the results of its most recent housing market index (HMI), which tracks confidence throughout the real estate industry, and reported a four-point increase in April to 19, the highest level in seven months. The last time the HMI was at 19 …

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