Study compares housing wealth to stock wealth
Can you guess the result? That's right, housing outshines stocks in this study!
To read the online article, go here.
And, October home sales remain strong!
The National Association of Realtors® (NAR) reports that October sales of existing single family homes was the forth highest on record.
NAR reports that "The national median existing-home price was $187,000 in October, up 8.8 percent from October 2003 when the median price was $171,800. The median is a typical market price where half of the homes sold for more and half sold for less."
To read about the details, go here.