Housing Recovery

Town & Country has been predicting on the US housing recovery and reporting on the steady improvements in the Hamptons and North Fork markets for quite some time. In fact, in our blog www.TownandCountry.com/blog , we went so far as to say the housing market will be the major contributor to our economic stimulus which will result in the next accelerating market. Nationally, new home sales hit record prices, both the average price as well as the median price, in April as per the Commerce Department. Furthermore, builders reported selling 454,000 new homes which is a 29% increase from April 2013 and only 100,000 less than the peak in 2006. You don’t need a crystal ball to see the future of home sales. Are you in?