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Is The Housing Market Finally Turning Around


Industry experts are predicting that the housing market in finally turning around. The reason for this is because there seems to be a slight increase in home sales.   The chief economist at Capital Economics feels that the housing market is beginning to recover.  "Home sales have been on the rise for the past 3 months." There has actually been a 5% increase with sales for the month of December.
   
There is an estimated 2.3 million homes for sale throughout the nation.  The housing supply was at the lowest point since May 2005 as of last month. It is being predicted that the market is beginning to stabilize and we are on the rise of a growing housing market.