Wilhoit's Weekly Words of Wisdom

Bank of America Gets it Right

Posted on 26 Feb 2014 at 12:15pm

Michelle Myers, macro-economics with Bank of America shared in a recent interview why housing prices will continue to climb, albeit at a slower pace; increases in mortgage rates, a decrease in affordability and limited inventory. All weigh on the 10% year-over-year increase in the median sales price of single-family homes.

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