The Commerce Department reported last week that home construction across the U.S. fell in June due to wet weather in the South. However the good news is that analysts believe this is a temporary derailment to the recovering real estate market.
Investors have been driving up single-family home prices in areas across the country having been hit the hardest by the economic downturn and having the most distressed properties.
There’s a lot going on in the real estate market. So let’s take a look at what some of the top “trending topics” are, to use a popular Twitter expression.
The mortgage crisis started the “great recession” in 2008 from which we are still recovering. But according to Jim Hanrahan of Westport Mortgage, we are seeing the light at the end of the tunnel.