Hooray! Some positive developments in the real estate industry!
According to Move Inc., some of the regions hardest hit by the housing bubble are starting to show encouraging signs of recovery. Markets crippled by a raft of foreclosures are now enjoying appreciating values and decreasing inventory levels. The largest turnarounds have occurred in Phoenix-Mesa, Miami, and Orlando.
The situation may remain far from ideal, but we always welcome good news!
“Foreclosure hotspots show signs of housing turnaround.”
