Monday, February 01, 2010

Unemployment and Its Effect on the Real Estate Markets

As 2010 gets underway, there are some positive indicators in real estate for the year to come. For example, the recession seems to be ending with the Gross Domestic Product expected to grow by 2.5 to 2.75 percent this year. Inflation continues to remain low hovering around 2.8 percent. Finally, thirty year conventional mortgage rates continue to remain below five percent.
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