New Home Sales Positive

  • New home sales in January went up 15.6%
  • Comparing with January 2012, January 2013 home sales were 28.9% greater but the median price was only 2.1% higher.
  • This is the 12th consecutive month with inventory less than 5 months.
  • Continued growth in the market will promote construction

Source: http://bit.ly/XYLUdQ

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Infographic on mortgage interest rates back on the rise
Source:http://bit.ly/VOOtUp