New Home PSI: New Home Sales Defy Gravity: Up 39.6% Year-Over-Year
As home prices were plummeting during the housing bust, many homeowners found themselves underwater on their mortgages while many others were losing their homes. It is astonishing to think that was just a few years ago. In this few years’ time, home prices have gone from bust to boom again. Some would even argue that we have reverted back to a bubble-like environment.