U.S. Housing Indicators Continue Improvement

A few news items help illustrate how the economy, however slow, continues to improve across the U.S.

-- Single family home starts surged in September. Groundbreakings jumped 8.1 percent to the highest level since February.

-- Despite a tight supply, existing home sales rebounded in September to rise 3.2 percent. Median prices of existing homes were up to $234,200 on average across the U.S. -- a 5.6 percent annual increase (Of course, averages along the Paradise Coast trend much higher).

-- And finally, a recent index shows home builder confidence at its second highest level of the year. 

The news is good!