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Real Estate Providing Positive Stimulus

Data on real estate sales and construction to be released shortly should be very interesting. For the first time in a long time, real estate is not a drag on the economy. On the contrary, for the first time in years real estate is in a position to provide stimulus to the economy in the shadow of this current slow patch. Thus far this year the real estate market is growing approximately ten percent year-over-year. We need this continuous growth to lift the real estate market out of its long term slump and to start pulling its own weight within the economy. When people purchase homes, they c...

July 1st, 2012 | real estate, puchase, refinance, Real Estate Providing Positive Stimulus