Housing Market and Strengthening Economy are Good News

Housing Market and Strengthening Economy are Good News

Housing Market and Strengthening Economy are Good News by The Mary Ellen Vanaken Team - 678.866.1935

Many home construction company gains occurred during periods of low U.S. home mortgage and other related rates. CNBC reported iShares Home Construction ETF saw a 7.6% average return, Masco averaged around an 8.4% gain, D.R. Horton reported an 8.7% average return, Lennar gained 10.1% and PulteGroup saw the highest average return of  14.8% during low rate and strong growth periods. 
 
Historical evidence for improvement of housing-market-related stocks. CNBC took a look at previous situations to determine a projection for the future of the housing market. In 1980, the 10-year Treasury yield dipped under 2.5%, and gross domestic product teetered above 2%. The result of these two numbers meeting instigated four quarters when home builder stocks skyrocketed. This pattern could be mimicked in 2015.
 
Kiplinger, a business forecasting and finance advising company based out of the District of Columbia, reported GDP at 2% during the fourth quarter, and MarketWatch noted that the current 10-year Treasury dropped to 2.19% Dec. 30. These conditions mimic those observed previously and lead economists to forecast a great year in 2015. 

Building your new home is exciting, especially when you understand how the process works. There are typical steps in the construction of a home and they help keep you abreast of what happens at key stages. Keep in mind that the homebuilding process may vary from region to region and builder to builder, especially if you’re building an elaborate custom home. Be sure to ask your builder about his or her specific policies and procedures. To learn more about home construction steps CLICK HERE.


The Mary Ellen Vanaken Team - Keller Williams North Atlanta are located at 5780 Windward Parkway, Alpharetta, Georgia. We are a part of the national Builder Trade In Program.  The unique Trade-In program gives you seller solutions that are custom tailored to you and your family, from buying your new home to their guaranteed lease program they have the solution, so contact us (678.866.1935) before you start your new home search and we can make a simple solutions from a stressful process simple!



Housing Market and Strengthening Economy are Good News