The latest on the housing market…
This on building:
U.S. homebuilder optimism sank for a seventh consecutive month in August to its lowest level in 15 years as potential buyers pulled back amid rising uncertainty in the housing market, an industry trade group survey showed on Tuesday
This on selling:
The slowdown in the once-sizzling housing market is spreading, with 28 states and the District of Columbia reporting spring sales declines, led by big drops in former boom areas of Arizona, Florida and California.
So if you’re buying – it looks like you’re gonna be in great shape! 😀
Looks like Texas and Houston are still doing well, though. 🙂
“The median used home price in Houston hit $152,700 in the second quarter, up 7.2 percent over the previous year.”
http://www.chron.com/cs/CDA/printstory.mpl/business/4120024
Not necessarily true:
http://tinyurl.com/f4c22