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Housing Demand Looking Good for 2016

Fitch, the rating agency, released their predictions for the 2016 housing market, and concluded that, “low oil prices, generally robust employment growth, demographics, pent-up demand, still attractive affordability/housing valuations, and a steady, moderate easing in credit standards should further stimulate housing demand in 2016”. And that was their prediction, based on the likelihood of mortgage rates going up, which, as we covered Monday, they haven’t and don’t seem likely to.

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by Aimee Whitaker

Tiempo Escrow, Inc.

2100 Main Street, Suite 330,

Huntington Beach, CA 92648

Phone. 714-843-0101

Email. info@tiempoescrowinc.com