Great article from Bloombery News on the housing recovering. Last year alone higher property values added about a trillion dollars to household recovery according to Rayn Wang, an economist with HSBC Securities USA Inc. in New York. This combined with record low interest rates, improvement in the economy and increasing optimism among consumers are helping to spur the housing recovery as we head into 2013.
See article from Bloomberg:
http://www.bloomberg.com/news/2012-12-26/home-price-gains-accelerate-as-u-s-real-estate-market-rebounds.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.