Renters Contribute to Healthier Housing Market

http://finance.fortune.cnn.com/2013/02/12/housing-rentals/?iid=HP_River

1.8 Million Jobs Created in 2012

The Executive

January 4, 2013

[Excepted]

The last jobs report of the year confirmed a 2-year trend of good  progress. In December, 155,000 jobs were created and the unemployment rate matched November’s revised 7.8 percent. For all of 2012, the economy added an average of 153,000 per month for a total of about 1.8 million jobs.

The December jobs report marked the 5th anniversary of the beginning of the “Great Recession”, which makes now a good time to provide a snapshot of labor market progress. Beginning in December 2007 through December 2012, the U.S. economy shed a total of approximately 3.9 million jobs, of which the government accounted for a quarter and the private sector three-quarters. A devastating 8 million jobs were lost in 2008 and 2009, before the recovery created 4.7 million over the last three years. In other words, the job market has come a long way from the dark days of the Great Recession.

Housing Market Is On Track

Household formation is up, housing inventory is down, and housing affordability
is at an all-time high.

http://blogs.wsj.com/developments/2012/11/12/dimon-every-single-thing-about-housing-is-flashing-green/

Housing Market Recovery Picks Up Speed

Average US home prices rose 1.3 percent in the third quarter – the biggest quarterly gain since 2006.

http://abcnews.go.com/blogs/business/2012/10/housing-recovery-picks-up-speed/

Housing Market Recovery Hits New High

Barometer shows the market recovery is almost half way back to normal.

http://www.forbes.com/sites/trulia/2012/10/23/housing-market-recovery-hits-new-high-in-september/

Consumer Confidence Highest Since 2007

The American public is finally beginning to believe what the economists have been saying about the housing market.

http://www.cnbc.com/id/49163485

Housing Market Outpaces Economy

One part of the economy stands out more than any other and that is housing; as sales, new construction and stocks of home builders continue to rise.

http://www.marketwatch.com/story/housing-market-outpaces-plodding-economy-2012-09-16

Fed Stimulus to Boost Real Estate Market for 2013

http://www.dsnews.com/articles/wells-fargo-fed-stimulus-to-set-up-improved-market-for-2013-2012-09-17

Homeownership Rates Are Up After 15 Year Low

Homeowner vacancy rates also fall.

http://www.dsnews.com/articles/homeownership-rate-edges-up-in-2q-after-hitting-15-year-low-2012-07-27

Housing Rated as “Strong Recovery”

Rising housing prices, job growth, supportive government policies and a decline in the so-called shadow inventory of homes, have all contributed.

http://www.bloomberg.com/news/2012-07-23/goldman-sachs-sees-strong-recovery-starting-for-housing.html