And now back to the residential market. It is truly hard to tell if this is good or bad news but I think it is good. Shortly we will find out if the quickly rising interest rates will derail the housing market recovery or if it will just slow things down. So much mixed information here. Sadly we are in a situation now where we see that pricing is flat and that is a good thing, compared with the options in the near past. Slow and steady recovery, just got to hope it keeps going.
Signed contracts to buy US homes level off
http://www.lasvegassun.com/news/2013/dec/30/signed-contracts-buy-us-homes-level/
Orin Rosenfeld
Rosenfeld Realty Advisors
9858 Glades Rd., Suite 209
Boca Raton, FL 33434
Phone: 561-756-1665
Fax: 561-470-0707
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