Housing improving but seemingly never recovered

ImprovementBy Jann Swanson | Mortgage News Daily

The topline news while accurate is also growing monotonous: housing market continues to improve. Freddie Mac added another chapter to the seemingly endless tale today with its updated Multi-Indicator Market Index or MiMi. The index measures where national, state, and the top 100 metropolitan housing markets stand relative to each one’s own stable range of housing activity and whether it is trending toward or further away from that point.

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