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Michael Mandis' Blog

By Michael Mandis | Mortgage Broker
or Lender in Cockeysville, MD

Housing Market In Recovery

According to a recent Fiserv Case-Shiller report, U.S home prices have grown 1.2% from 2011. Home prices in October 2012 increased 6.3 % from the previous year, and according to the National Association of Realtors, pending sales of existing homes rose 5.2 %. Rick Sharga, executive vice president of Carrington Mortgage Holdings, a loan servicing firm said, “the housing market is in a recovery and all the metrics are pointing in the right direction.” More here

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