Jacqueline Morgan
44 Park St
Andover, MA 01810

Direct: 978-490-4394 
Cell: 978-490-4394 

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  • Thursday, April 03, 2014 2:58:00 PM

    2014 should prove to be the strongest year for housing activity since before the Great Recession

    "Most economists expect an improved job market in 2014, with employment growth accelerating and the unemployment rate continuing to decline. That jobless rate drop will reflect more of a pickup in employment than further declines in the labor force participation rate. This will be the key factor improving housing demand this year, even if mortgage rates rise and affordability declines. While the housing market tends to do especially well when the job market improves and mortgage rates decline simultaneously, that combination of events occurs only rarely…People buy homes when their job and income prospects improve – even if it’s more expensive to do so – rather than buy when it is inexpensive to do so but they’re worried about keeping their jobs.”

    Tags: home prices
    Comments: 0

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RE/MAX Partners   Jacqueline Morgan, REALTOR®
RE/MAX Partners
44 Park St • Andover, MA 01810 Map it
Direct: 978-490-4394 • Cell: 978-490-4394

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