Home Remodeling is Back

remodel

Home remodeling is once again at the 2005 level of activity.  This is another positive index pointing to the slow recovery of the housing market.  The greatest positive is that owner-occupied properties are investing in their homes again as the home prices stabilize.  "As owners become more … [Read more...]

Foreclosures at a 5-Year Low

foreclosures

 Analysts had predicted that the number of foreclosures would continue to rise for 2012, but the opposite is occurring; they keep falling. Foreclosure filings in September fell 7% from August, and are down 16% from last September.  The number of foreclosures has reached their lowest level since … [Read more...]

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Alfy Sprenger, Principal Broker
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