Finally. Some positive news coverage regarding the housing market. An article titled, “Light at the end of the tunnel?” was published in Tuesday’s Star Trib.
“Homebuilding stocks have started to outperform the overall stock market. Mortgage rates are down about 1 percent since last summer,” Tufte said. “Housing affordability has improved significantly over the past six months [thanks to falling prices]. Home refinancings are up significantly. And applications recently jumped all the way back to the highest level since 2004.”
Read full article here. The end is in sight.
