Turning to residential construction, new home starts and building permits beat economists’ forecasts. Permits hit the highest level since 2007 (second chart below).Looking ahead, residential
Rates Rates And More Rates
Based on the recent Federal Reserve Meeting there is close to a 100% likelihood that rates will increase in March. Higher rates and a shortage of inventory will make your next housing investment more expensive. If you are a seller it will also decrease the number of qualified buyers. The good news is even with a rate hike we will be far below the historical rate average.
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Medina County Numbers For The Week Ending December 15thI track our market weekly. Here is a quick down and dirty look at the market.Days on market for the week has increased to 100 days. The last