Real estate blog entries tagged with 2007 by Laurie Petranoff (Suburban House Hunters)

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Home : Blogs : Laurie Petranoff : Laurie Petranoff's Blog : Tag "2007"

2007: Here's to a great 2007! - 12/13/06 11:48 AM

I was reading the latest edition of Realtor magazine and was happy to see this article praising the coming year.
Existing-home sales are expected to rise gradually in 2007 from current levels, with annual totals slightly lower than 2006, while new-home sales will continue to slide, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®.
This is due to lower interest rates at the beginning of the year, however it is expected that interest rates will rise to around 6.7% in or around the fourth quarter of 2007 as opposed to the Freddie Mac reporting of a fixed, 30 year at 6.11%
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Laurie Petranoff

Lake in the Hills, IL

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