NAR Publishes Optimistic Forecast for Hartford Metro Region - 01/16/08 08:13 PM
By: Rob Giuffria, GMS; 1-860-796-4555; rob@tourrealtors.com; http://www.premierhomeexperts.com/;
Here's another rosey forecast for home prices published by the NAR. Here's an excerpt...
NATIONAL ASSOCIATION OF REALTORS®
Despite some media reports of the worst housing market conditions since the early 1990s, or even since the
Great Depression, the recent home price declines have been negligible at the local level. Unlike past local
housing downturns, which were accompanied by severe job cuts, the local economy continues to add jobs.
Apartment rents have been rising at the highest pace in five years, which will begin to encourage some renters
to seriously consider ownership. Mortgage rates have also been falling recently and stood … (0 comments)

 
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Rob Giuffria, GMS, President|Broker|Loan Officer|REALTOR

Farmington, CT

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