Local Markets Return to 'Normal'
More than 35 percent of the more than 350 metro markets tracked in the National Association of Home Builders’ and First American’s Leading Markets Index are performing at 90 percent or higher of their pre-housing crisis norms, according to the latest Leading Markets Index.
Currently, 56 markets have turned the corner and returned to normal, up from 54 last month.
“More markets are slowly returning to normal levels and we expect this upward trend to continue as an improving economy and pent-up demand brings more home buyers back into the marketplace,” Housing Now: See what's in store for the #housing industry on Capitol Hill in 2014.
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