November 24, 2024 6:45 am
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Housing market likely to stay strong for the rest of 2016

being-strong-17242416By Jonathan Smoke | realtor.com

Well, the initial reports are now complete for September, and we can see that the strong first half of the year for housing did not lose momentum as the kids went back to school and temperatures cooled.

The market is strong and seems poised to remain so for the rest of the year. However, the improving economy presents both opportunities and challenges for the months ahead.

Total home sales for this year through September are up 4% over the same period in 2015. Existing-home sales are up 3%, while new-home sales are up 13%.

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.