The Chief Economist of the National Association of Realtors (NAR) has released his predictions for the housing market in 2007 and beyond.
"After reaching what appears to be the bottom in the fourth quarter of 2006, we expect existing-home sales to gradually rise all this year and into 2008."
He predicts that mortgage rates will remain favorable with a gradual increase over the course of the year. Overall, good news for home buyers.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment