There is a lot of talk, speculation and data concerning the future of the real estate market, so if you're watching it closely, where are the best places to keep your ear to the ground?

Kenneth Harney at Realty Times discusses the findings of the Federal Reserve Beige Book report. The report has found that 9 out of 12 regional member banks are showing positive economic signs, and these regional banks are showing signs of consumer spending and manufacturing output increasing despite the bad blizzardy weather as of late.

In addition to these positive-trending findings and more by the Feds, there is some bleak news for the housing market, as the weather has put a damper on buying. However, there is a silver lining to the cloud as National Association of Realtors' chief economist Lawrence Yun points to a 12 percent increase in pending home sales in January, compared to last year's.

Read more at Realty Times.

Posted in Real Estate Market Conditions, NAR, Real Estate Industry, National News

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