Apr 02, 2013

Housing Trends

Moving Higher in Unison

Home prices and stocks continue to chug higher in the face of headwinds from both the domestic and international front.  We are seeing several major asset classes rise in tandem despite political jockeying in Washington and renewed fears of a financial meltdown in Europe.  Sequestration in early-March was brushed off without any real regard although it will undoubtedly have a negative impact on GDP this year. Europe endured yet another bail-out in Cyprus but in the U.S., the S&P 500 index reached a new all-time closing high just a few days later.

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