William Raveis reviews June 2012 vs. June 2011 housing data for the northeast.
Recent housing market news has displayed several positive reports. This recap that suggests a housing rebound could begin as early as this year.
2010 has come to and end and so has a tumultuous year in real estate. The market held steady the first half of the year due to the extension of the homebuyer tax credit. A combination of extremely low interest rates and the tax extension deadline positively impacted single-family home sales and prices across the northeast. Let’s take a look at how the 4th quarter of 2010 fared, as well as what 2011 has in store for real estate.
The second quarter has come to an end and we’re receiving a bit of a reality check on the housing market. There is some good and some not so good news to report. Let’s take a look at some key numbers in the northeast to give you an idea of what I’m talking about.