Money Magazine: The Real Estate Market is Back
Last Friday, we ran an InfoGraphic from RealEstate.com that showed that the real estate market was coming back. Some objected that the information was from a survey of industry players that may have a natural bias. For the doubters, here is the cover of the latest edition of Money Magazine released this past weekend.
The magazine supported their case by explaining:
- In the last year, home prices increased in 92 of the country’s 100 largest metropolitan areas
- Homes are more affordable than they’ve been in 40 years
- The number of houses for sale is at the lowest level in a decade
- Price increases are projected for most of the country this year
It seems that even the unbiased realize that Housing is Back!