The Ann Arbor Market - Where Is It Headed?

Many clients ask where the Ann Arbor real estate market is headed. The US market is very different from our local Washtenaw real estate market. Well, my crystal ball is on Holiday mode, but I do want to share some economic indicators that I read often and were presented last week, below:

· Commentary and housing overview: Residential Investment: Moving Sideways

· Treasury Uncaps Fannie and Freddie: TREASURY ISSUES UPDATE ON STATUS OF SUPPORT FOR HOUSING PROGRAMS

· From Bloomberg: U.S. Commercial Real Estate Index Falls 1.5%

· Existing Home Sales up Sharply in November

· New Home Sales Decrease Sharply in November

· November PCE and Saving Rate An excellent econmic synopsis is the blog I subscribe to is www.CalculatedRiskblog.com.

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