NAHB Chief Economist David Crowe stated, “There are a number of positive indicators that provide solid evidence this will be a good year for housing and the economy,” at the International Builders Show in Las Vegas. Trends that are contributing to this positive outlook include steady job growth, a healing economy, near pre-recession confidence among buyers, and an ever-growing demand for housing in America’s hottest housing markets.
Most of the nation’s regional housing markets are looking quite healthy. Freddie Mac, this week, released information via its Multi-Indicator Market Index® (MiMi®), showing the U.S. housing market continuing to improve. In addition, it went on to state several metro areas, including Milwaukee, had entered into its outer range of stable housing activity.