2011 Rebound: Affordability High, Investors Back
Plenty of signs point to the housing market finally bottoming out and moving into rebound mode this year, experts say in a recent article in The Wall Street Journal.
Investors, who were burned when the housing bubble burst in 2006, are back on the market, betting on a rebound, and snagging up houses and condos in all-cash deals.
What’s more, housing is at the most affordable it has been in decades nationwide — when home prices and average incomes are taken into account, according to analysts at Moody's Analytics.
Read the entire article from REALTOR Magazine Online Daily and the Wall Street Journal >>
Posted on Tue, March 1, 2011