In the Improving Markets Index published monthly, First American and the National Association of Home Builders (NAHB), added 29 metros to the number of housing markets showing measurable improvement in February for a total of 98 markets represented in thirty-six states.
Napa, California is among the 29 metros added to the index in February. A complete list of all 98 metropolitan areas currently on the Improving Markets Index is available at: NAHB.org/imi.
Seven markets dropped from the Improving Markets Index in February as they experienced softening house prices. San Jose, California is one of them.
Full article here.