Tuesday, April 3, 2012

Sales and Not Prices are the Major Indicator of Housing Recovery

It’s the volume of houses sold and not the prices of the houses. That, according to a recent article at finance.fortune.cnn.com, is the proper metric for determining if a housing recovery is underway, as many economists in recent months have been saying. 
That bodes well for the real estate sector and the agents themselves who have a real estate license or a real estate continuing education—whether that’s a Florida Real Estate License or a South Carolina real estate CE—who have been pining for a housing recovery since the sector’s death spiral in mid-2006.