Housing to drive economic growth (finally!)

The title of the article basically says it all: housing, which has been the scapegoat of the economy for the past 5 years, is now poised to “lift us out of the doldrums.”

Most of the article is the same stuff we’re heard a lot recently. Interest rates are lower than ever, prices are steadily rising, etc. But what’s adding even more fuel to the fire is the shortage of inventory in the marketplace--too much demand for housing, not enough properties to go around.

This of course drives new construction, which in turn creates more jobs and demand for appliances and general consumption.

This is GREAT news for people looking to sell their own homes. There’s more opportunity to list right now than there’s been in years which so few houses on the market.