Many Economists have predicted a slowdown in the real estate market. Things are looking pretty good though.

Unemployment – 3.6%, the lowest it has been in the last 50 years.

 

Interest rates – 3.84%, low interest rates have contributed to an increase in qualified buyers.

 

Population Growth
  • Year 2000 Population was 282 Million
  • Now Population is 327 Million
New construction is down 4.2% compared to last year, which contributes to a housing shortage.