Almost seven years since the housing bubble burst, most indexes of housing prices are arcing upward.  Nearly 10 percent more homes were sold in May than in the same month in 2011.  The number of foreclosed homes has fallen and vacant homes are at their lowest level since 2006. This reduced inventory of unsold homes is the key.  For the past couple of years, house prices have risen in the spring and then slumped; the declining supply of houses for sale is reason to believe that won't happen again this year. Also, builders are working on 26 percent more single family homes then this time last year.  The stock of unsold newly built homes is back to 2005 levels.  Housing construction is a sure sign of economic growth. Though we are still a long way from a full recovery, housing should no longer be a factor in dragging the U.S. economy down.  We should be assured that the American dream of owning a home is attainable by any one of us.  To that point, with mortgage rates still hovering a

Buffalo, NY – July 9, 2012 – In keeping with their commitment to attract and develop the best talent in the real estate business, HUNT Real Estate ERA held its second quarterly Business Leaders meeting for 2012 on June 12 at the Buffalo/Niagara Millennium Hotel. Over 130 attendees were empowered with leading industry speaker David Knox’s expert advice on responding to customer leads generated through HUNT’s exclusive HUNT Hotline. The HUNT Hotline is a new technology tool introduced earlier in the year that allows customers to get instant information on any listing when and where they want it, 24/7, whether through voice, text or mobile site. While other companies are scaling down and cutting resources due to challenging economic turns, HUNT Real Estate ERA has been turning on the investments – when it comes to providing their agents with the tools and systems they need to better service buyers and sellers today. David Knox has been a featured speaker at HUNT regional eve