That amount of spend translates directly to the general economy. When consumers spend more, the economy gets stronger. (The last few years have been a real-life test as to what happens when no one is spending, or not much anyway. While the latest studies show that life is pretty good for the top 1 percent of earners, most of the remaining 99 percent are mired in a relatively poor economy.) The good news is that home prices are rising and more homeowners are finding that they have gone from having negative equity to being at par to having at least some small amount of positive equity in a relatively short period of time.
For the original version including any supplementary images or video, visit http://www.washingtonpost.com/blogs/where-we-live/wp/2013/09/23/real-estate-matters-negative-equity-dropping-as-housing-market-improves/
Housing Market in India Witnessing Huge Momentum
“They say, ‘OK, good, property management companies in maryland now it’s my turn,'” said Cathy Prenner, an agent for Campbell and Rosemurgy in Lighthouse Point. Statewide, the median price for existing homes hit $175,000, up 19 percent from a year ago, the Florida Realtors said. Sales increased 13 percent. August was the 20th month in a row that the statewide median price increased year over year, the trade group said. The median means half the homes sold for more and half for less.
For the original version including any supplementary images or video, visit http://www.sun-sentinel.com/business/fl-august-home-prices-20130920-7,0,370292.story
Housing prices rise again
Further, the report covers a detailed analysis and market forecasts till 2015 of the industry verticals like tiles, electrical switch, modular kitchen, cement, paint, bathroom fittings, faucets, and furniture. Moreover, consumer & builders perspective has also been covered in the report. In addition, major trends and challenges affecting the industry, have been identified along with a detailed overview of the major players, to generate a complete understanding of the industry.
For the original version including any supplementary images or video, visit http://www.sbwire.com/press-releases/housing-market-in-india-witnessing-huge-momentum-336849.htm