Housing market conditions are challenging for buyers in many parts of the country; sellers, meanwhile, are finding the market favorable. Inventory levels are low and sales prices are high. In some
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Home sales again posted strong numbers in December, on a seasonally-adjusted, annualized basis, according to the National Association of REALTORS®. Rates are rising, but that hasn't stopped buyers from moving forward with their home buying goals.It hints that home buyers are unfazed by rising rates, or that they are moving fast before higher rates take effect later in 2017.
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The economy's growth rate was slow for the beginning of 2017—consumer spending and inventory investment were both down—but the housing market remained strong. The resilience of the market was