Which Economic Signals Impact Real Estate Sales The Most?by Blanche Evans
As homebuyers and real estate industry professionals look for an economic beacon to follow in order to avoid crashing on the rocks, Realty Times finds itself inundated with forecasting requests.
That begs the question -- which economic signals are worth paying attention to?
Excerpted from an Article in Realty Times December 28, 2006.
In the article, Blanche talks about a favorable forecast in 2007 for housing sales based on the National Association of Realtors economic forecasts. It is expected that home sales will increase 5% over 2006, nationally.
It has been our experience locally that the Columbus market fairs better than the national average. With that in mind, we could see a healthy recovery of housing sales in 2007.
Read Blanche’s entire forecast article at:
http://realtytimes.com/rtapages/20061228_econsignals.htm
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