Home sales – newly constructed and existing- could rise by 10% in each of the next two years. Steady mortgage rates and more inventory will help. In addition, job growth has boosted a sizable pent-up housing demand to hit the market in the upcoming years.
Where are the jobs? The green colored states are hot and home sales forecast is naturally better in these states.
Source: LinkedIn
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Weekly Update April 7 to April 13
Last Week in Real Estate The market is moving steadily along, with 30 closings for over $67M in the last two weeks. And with 16 new listings joining the market last week, the inventory is starting to pick up. Baldy will be open one more week, Warm Springs side only, with the Baldy Bash happening Saturday [...]
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