Last New Year’s Day, there was still some question about whether the housing market was solidly in a recovery mode. As the year played out, the questions became less frequent.
Home prices made record gains, moving faster than most economists had predicted. Mortgage rates near record lows brought out buyers whose biggest problem was finding a home to buy -- and beating out competing bids. Foreclosures and the percentage of underwater mortgage holders dropped.
No comments:
Post a Comment