Home owners living in the Whittier area are beginning to notice a shift in home prices and sales, leading to more interest regarding the value of your Whittier home. In fact, the housing marketing seems to be seeing a huge shift.
The National Association of Home Builders (NAHB) /First American Improving Markets Index (IMI) released this week lists 274 metro areas with improved housing markets. Between February and March, 15 new markets were added to the list!
Improvement indicators include increased housing permits, employment and house prices over a six consecutive month period.
NAHB Chairman Rick Judson explained the good news, stating,“This is the second consecutive month in which every state is represented by at least one metro on the improving list.”
NAHB Chief Economist David Crowe explained that the improving markets (over 75%) indicated a very “solid” market in many communities, though individual markets may have issues with recovery because of short sales and foreclosures. To get a market snapshot of Whittier home values click here. If you would like a list of Whittier homes for sale including bank foreclosures, short sales and standard sales click here.
