Pause In Housing Rebound

By: Jim Siedlecki Email
By: Jim Siedlecki Email

New numbers released Tuesday morning indicate the housing recovery hit a snag last month.

Economists had originally predicted a rise in those numbers for March but remain optomistic that the spring season is off to a solid start. More homes are being built and with fewer sales recorded in March the inventory suggests it could still be a strong buyer's market nationwide.

If you are selling, the report indicates you'll make about 8-12% more than you would have if you sold at this point last year. That is the biggest increase since November, 2005.

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