Friday, June 14, 2013

Good news for Charleston!

The National Association of Home Builders/First American Improving Markets Index increased again in June to now include more than 70% of the U.S. metro areas.

The Improving Markets Index or IMI is a list of metropolitan areas that have shown improvement through the areas of housing permits, employment and house prices for at least the past six months.

Twenty-nine new markets were added to the list while twenty-four previously listed markets were removed. This fluctuation is a product of a slow recovery and confirmation that the housing industry still has challenges to face.  However the IMI list is three times larger this year than last year according to the NAHB.

We're pleased to see Charleston, SC included on this list!

For a full list of improving markets visit the NAHB's website HERE.

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