http://www.marketwatch.com/story/existing-home-sales-slowest-since-july-2012-2014-03-20
This article talks about an unexpected argument for the reason why home sales are at the slowest selling times since 2012: weather.
America is out of the recession of 2008 and home values are higher now than they were before the housing market bubble burst. however, seasonal fluctuations in the housing market have been exacerbated by the recent winters, particularly in the northeast. Banks are making it easier to obtain mortgages in order to continue to grow the economy, but some believe that the economy much worse than it actually is. Part of the reason is because the housing market has had an enormous comeback and housing prices are going up. However, the stagnation of middle class income families have hurt the market.
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