Industry News

Job growth poised to drive real estate

Realtors association predicts increased consumer spending in second half of 2004
Published on Feb 9, 2004

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by CareyBot

With mortgage interest rates remaining historically low, continued strength in the housing market will depend more on improvement in the labor markets, according to the National Association of Realtors. David Lereah, NAR’s chief economist, said the 30-year fixed-rate mortgage will ...

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