Quarter's home sales decline, but not prices
Quarter's home sales decline, but not prices
Washington's housing market remains a pricey bright spot, but that means renters are seeing fewer opportunities to become home owners, a study finds.
"Strong job growth, coupled with a commitment to quality of life issues, is helping Washington avoid much of the pain of declining home prices observed in other areas," Rose said.
In Washington, the affordability index climbed for the second consecutive quarter, mostly because the mortgage interest rate declined slightly during the first quarter, the WSU center said.
Washington's housing market remains a pricey bright spot, but that means renters are seeing fewer opportunities to become home owners, a study finds.
"Strong job growth, coupled with a commitment to quality of life issues, is helping Washington avoid much of the pain of declining home prices observed in other areas," Rose said.
In Washington, the affordability index climbed for the second consecutive quarter, mostly because the mortgage interest rate declined slightly during the first quarter, the WSU center said.
Comments
Weak spring may drive home prices lower
Tough sales season, rising inventories further pressure housing market
damn communists. Works for some company called "Dow Jones". Maybe Rupert Murdoch will set him straight.