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Real Estate Outlook: Improving Markets

Posted by Bonnie Martin Designated Broker on Monday, July 16th, 2012 at 9:25am. -The latest list from the National Association of Home Builders/First American Improving Markets Index (IMI) includes 84 metro areas for the month of July. The list, compiled of areas measuring sustained improvement for the last size months in housing permits, employment and house prices has been steadily growing this year.

"The geographic diversity and growing number of metros on the latest IMI help spotlight the improvements we have begun to see in terms of home prices and job market conditions across certain parts of this country, which in turn are spurring more demand for new homes," said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla.

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