More than five years after collapsing housing prices and rising levels of distressed properties led to a U.S. financial crisis, properties in some areas are returning to pre-recession values. That may bode well for economies outside of the United States too. Because of the global interconnectedness of finance, an improving housing sector here could be a boon for capital markets across Europe and Asia.
See more at: http://osceolarealtors.org/rising-us-home-prices-could-boost-world-economy/#more-'
With eight of experience in selling homes in Central Florida working for Luxury Realty, Bernardo’s knowledge and dedication has made him a leader in the local real estate market. He has developed a strong reputation of character, integrity, honesty and reliability. Using his focus and unique ability to set aside personal agenda, he is thought of as a trusted adviser to his clients and friends.
If you have any questions or concerns regarding this article, please give me a call at (407) 920-4973
ReplyDeleteThe housing market, one of the main drivers of the economic recovery, continues to gain strength despite the drag of rising mortgage rates and other economic headwinds, but some analysts are worried that it might slow in the months ahead.
ReplyDeleteFor now, though, builders are building, sellers and selling and mortgage lenders are less nervous about extending credit buyers.
ReplyDeleteThe heavy price increases in the first half of the year slowed a bit in July.