Thought to ponder as we progress down the road, in the second quarter of 2004 home ownership rate peaked at 69.2% dropping to 65% in the first quarter of 2013. What opportunities and challenges does that present in the housing market . In May 2013 existing home sales were seasonally adjusted rate to be 5,180,000 the peak was 2005 at 7,076,000, so sales are still, nationally 26.79% off the peak. How does this affect your view of probably total sales nationwide as interest rates rise and what happens to rents?
Comments (0)Subscribe to CommentsComment