Number of Improving Housing Markets Nearly Doubles in October

WASHINGTON, D.C. – October 6, 2011 – (RealEstateRama) — The second edition of the National Association of Home Builders/ First American Improving Markets Index (IMI), released today, shows 23 individual housing markets now qualifying as “improving” under the new gauge’s parameters. This is nearly double the 12 housing markets that made the list last month.