Expectations Rising for Housing Market’s Spring Season

Economists believe the 2012 spring home-selling season, which may have started early due to unseasonably mild weather, could be the best in years. The National Association of Realtors reports that existing-home sales in February were up 9 percent from the same time a year ago, as was its index of signed home sale contracts; and Realtors’ confidence in the single-family home market has risen to the highest level in four years. The spring market also may disappoint, however, as the warm winter prompted some buyers to act early and as investors continued to snap up properties. | Read More