Home prices have jumped, and in turn, an increasing number of houses have been put on the market, increasing supply in many U.S. cities. The median home price averaged $199,000, up 7.6% from this time last year. Home sellers and economists are hoping for a large spring buying season that will help the housing produce more positive data. Many experts suggest that seller confidence is one of the main factors to watch as we go into the spring buying season, and according to the data, confidence seems to be growing. More here
