Weave me a rope that will pull me through these impossible times.
Tim Finn
According to Freddie Mac’s Chief Economist, Frank Nothaft, originations for home purchases will account for more than 50% of the mortgage market. We are headed for a purchase dominated market in other words – something not seen since 2000.
- Home sales are up 13% from their lows
- Housing starts are up 50% from the bottom
- Prices are up 16%
We’re seeing factors that support the emerging purchase market. Freddie Mac believes that we will continue to see improvement through 2014.
See: Freddie Mac – Demand Drivers
Housing Outlook
The Short Of It
Daily, the real estate market is improving. In short, if you’ve been considering whether to make a move in the real estate market, now may be the right time.
Please contact Skyrise Real Estate Group for assistance in getting the deal done. We know the ropes and make things possible.