Economic Indicators are Positive for 2013 |
According to NAR Chief Economist Lawrence Yun, the steady housing recovery is expected to continue over the next few years, barring further tightening of mortgage credit availability or the much discussed "fiscal cliff."
The major economic indicators that help drive the real estate market look positive as we plan for 2013: Vermont's unemployment rate continues to lag the national average; median sale prices continue to stabilize or increase in the majority of our local market area; demand outpaces supply, particularly in homes priced under $300,000; and mortgage rates are at historic lows - as of today a 30 year, fixed rate is 3.375% with 0 points, resulting in an APR of 3.394%*.
... If you need or want a devoted REALTOR® call Dana Basiliere @ 802-238-3939 or email Dana@VermontisHome.com To search homes try my website |
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