2017 – A Year of Hope?

The common message from buyers and sellers today is one of exuberant optimism. Whether or not you like Trump, financial markets have embraced his election win with open arms. In the micro, this may appear to be adverse, but mortgage interest rates are rising in anticipation of increased economic growth and a rise in the GDP. After many years of lackluster economic growth, this nation is overdue for financial expansion.

In any given year, the level of real estate activity can be be easily predicted based on three factors: 1) Mortgage interest rates 2) Fuel prices 3) Consumer Confidence Index. So, simply predict those three index levels are voila! You are a real estate clairvoyant!!










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