November 17, 2024 11:37 pm
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A look at housing without rose-colored glasses

housing

housing By Lynn Effinger | HousingWire

It is only January and already reports are appearing that 2016 is going to be a wonderful year for housing. Don’t believe everything you read.

For example, in an article in HousingWire, “Proof the housing market can survive a Fed interest rate hike,” the author, Brena Swanson, quotes Mathew Pointon, property economist with Capital Economics, as saying that the precipitous drop in mortgage applications this week (by nearly 28%) is not due to the Fed raising interest rates.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.