I listened to a webcast today and Margaret Kelly, CEO RE/MAX International.  She had some very possitive comments regarding the U. S. Housing Market.  She was pleased to announce that this is the 18th straight month that the market has improved.  She also reinforced the fact that prices are increasing and that Inventory is low.  It was interesting to note that she feels that more than 33% of the market is still depressed but that it should not have the same effect on prices as a few years ago because of the low inventory.

Recapping the 45 minute Webinar.  She was confident on an improving market because of:

Strong Demand for Housing

Low Inventory

Low Interest Rates

Increasing Prices

 

Looks like the U.S. is finally in recovery and expecting a good year in 2013.