Yep, every week I read an article how the housing market is showing renewed signs of life, so why should this week be any different. From the Boston Herald.
Harvard University housing experts don’t know when the U.S. real estate market will bottom out, but say some positive signs are emerging.
“While it is too soon to tell whether housing markets will stabilize in 2009, conditions that could support a recovery are taking shape,” researchers at Harvard’s Joint Center for Housing Studies wrote in a “State of the Nation’s Housing” report due out today.
The study noted that low sale prices and mortgage rates are making homes more affordable in many U.S. cities.
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File Under: A happy, sunny Boston real estate market