A few months ago, the United States seemed to be on the brink of having a full-blown housing crisis. Now, things have started to look better for the nation’s housing market, according to the latest numbers by the National Association of Realtors.
For three straight months, houses that were previously occupied showed an improvement in sales. The number of houses on the market and sales of houses in foreclosure are both in decline — which is definitely good news.
Despite the good news, there’s also a few pessimistic experts. How will the United States housing market be affected when the $8,000 tax …read more

On Monday, a few signs pointed to the possibility that the real estate market in the United States has begun to stabilize and possibly even begun its trek to recovery. According to the National Association of Realtors, the number of existing houses sold jumped more than 5% in February compared to January’s data.
Although sales are still down by double-digit percentage points from this time last year, this month-to-month jump was the largest on record in over five years. The median price of a home was slightly more than $165,000.
Many reasons are hypothesized for why the sales of existing homes rose, …read more