Fact one: Home prices are up nationwide. By how much depends on which index you like to use.
Fact two: The number of available existing homes listed is down. Not down a little bit, but down about 17% in 146 metro areas (I think that qualifies as “nationwide”) and down over 25% in a couple dozen places.
Looks like the law of supply and demand is still in play. Keep this in mind if you think this is a great time to buy.
In Closing: Harvard points out the obvious; about a quarter of Americans have more credit card debt than money in the bank — not total debt, just credit card debt; the truth about low capital gains taxes; signs of autism can be found at birth (that’s long before anybody can get vaccinated, for those keeping score); strategy; and surely I am not the only person who thinks the timing here is odd. Do you really believe that the Pope mulled his decision to resign for health reasons for quite a while before suddenly making an announcement, then realizing too late that it’s the middle of Lent and somebody has to do his job?