Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Home prices up, high-end sales increase in May

Notify me of new replies via email
Mortgage Professional America | 25 Jun 2014, 08:29 AM Agree 0
The median sale price of U.S. homes rose again in May, and higher-end sales took a bigger share of the market
  • Griff | | 25 Jun 2014, 12:59 PM Agree 0
    USA Today had a similar article this week regarding higher end sales advancing while lower end sales (May 2013-May 2014) plummeting. My interpretation of this is two fold. Lower end buyers are suffering from income inequality and the lingering credit issues from the housing collapse/recession whereas to the 1% it is business as usual.
Post a reply