Freddie Mac predicts Healthiest Housing Spring since 2007!
According to Freddie Mac, this should be the healthiest spring homebuying season since 2007. “History shows us not all economic recoveries are crated equal and consumer confidence mirrors this fact. With the spring homebuying season upon us, the recent highs in the stock market are a welcome signal of better times ahead,” said Frank Nothaft, Vice President and Chief Economist of Freddie Mac. Continued low mortgage rates, increased house prices and improving consumer confidence are all factors contributing to increased home sales heading into the spring homebuying season,according to Freddie Mac’s March Economic and Housing outlook.
