The National Association of Home Builders released it’s latest report on improving housing markets. The Grand Rapids and Holland markets remain on this list and the Ann Arbor market has been added, raising the number of Michigan housing markets showing signs of improving to nine.
“This latest report from the National Association of Home Builders is another indicator that the housing industry is leading the way in the nations and Michigan’s economic recovery. Said John Bitely, president, Sable Homes, “With nine Michigan markets showing signs of recovery for more than six months, home builders are feeling more confident that the state’s economy is going in the right direction.”
A complete list of all 201 metropolitan areas currently on the IMI, and separate breakouts of metros newly added to or dropped from the list in December, is available at www.nahb.org./imi.