The national housing market is more stable and showing improvement from the same time last year — but the industry isn’t out of the woods yet, according to a report by the National Association of Realtors (NAR).
The National Housing Trend Report found that list prices for homes have gone up while the median amount of time homes spend on the market has decreased since September 2012.
“Our September data on inventory counts, median list prices, and median time on market has shown another month of steady leveling, but the recovery certainly remains uneven in some pockets,” said Errol Samuelson, president of realtor.com, in an online NAR magazine article.
Slowdowns in the housing and mortgage market have affected the business of many Notary Signing Agents, who have expressed concerns online about fewer loan document assignments being offered in areas hit hard by the recession.
David Thun is an Associate Editor at the National Notary Association.