Overall economic growth strengthens homebuyer demand

November 3, 2014

Realtor.com reports that this week’s economic news underscored the positive momentum that has been observed throughout the third quarter.

 

The housing market now has the potential to grow even more as mortgage rates remain near one-year lows and credit is loosening. The ultimate driver of demand for the market is the strength in the labor market and related improvements in consumer attitudes.

 

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