1.Long term inventory shrinkage.....
from Calculated Risk
Note the above chart is Year over Year to to counter the seasonal January inventory drop.
2. EASY MONEY 3.75% 30 year fixed.
3. An improving Employment picture...
"Think of this as a measure of how widespread job gains are across industries. The further from 50 (above or below), the more widespread the job losses or gains reported by the BLS."
4. And did I mention the equities markets?
Classic set up for a great housing market. In fact it may turn out to be frustrating for those that have been waiting and are trying to enter the market...lots of competion at the lower end and trailing appraisal values.
For those thinking about selling you might ask how yourself how often all these factors are present together.
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