Is Housing Coming Back We Will Know Soon

Dated: May 19 2014

Views: 354

Concerns about the housing market have clouded many investors' optimism about the economic recovery. But after a strong housing starts number on Friday, two key releases in this week could put real estate in a brighter light.

"I'm looking for evidence that the housing recovery is still intact, and that's what I'm expecting to see," said Scott Clemons, chief investment strategist at Brown Brothers Harriman. "I think that the durability of the recovery in housing is impressive. The pace of it leaves something to be desired. But I actually believe that a fair amount of the more recent weakness is weather-related. And I will be proved right or wrong in that belief.
"On Thursday, the National Association of Realtors will release April's existing home sales data. And on Friday, the U.S. Census Bureau reports sales numbers for newly constructed homes. Read More Here...
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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

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