There was some encouraging news in the real estate industry released this week. “Recovery continues to bump along in a ‘fits and starts’ pattern,” reported RealtyTimes columnist Kenneth Harney. “What’s important to keep in mind is that the core trendline remains positive.”
The Good News:
- June total home sales up
- Home prices continue modest recovery
- Mortgage applications increasing
The So-So News:
- Consumer confidence down slightly
- Job growth likely to be slow & modest
