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PA Economic Review Sees Modest Increase
In Interest Rates, Property Values In 2005

The Pennsylvania Association of REALTORS®  has released "THE PAR ECONOMIC REVIEW For the First Quarter 2005" . Author of the study is Dr. Jacob De Rooy, who teaches economics and finance and Pennsylvania State University at Harrisburg. Says De Rooy:

"The economy will continue to have healthy growth, with only moderate inflation. Home construction will decline and competition within the real estate sector may intensify. Mortgage rates will trend upward. But a financing program that uses adjustable rates for a few years and a fixed rate thereafter may be attractive. A housing price bubble is unlikely."

This entry was posted on Wednesday, April 6th, 2005 at 12:49 pm and is filed under Banking, Commercial Real Estate, Current Affairs, Finance, Marketing, Mortgage, Mortgage, News, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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