The housing market is improving and in some areas, even back to pre-crisis levels. Now, one expert explains that the only thing to fear in 2017’s housing market is, well, fear itself.During the past few weeks, the housing market saw an increase in existing home sales at the highest pace since 2007, a decrease in foreclosures and yet more jobs added in an already-full jobs market. Because of these numbers, one expert, OwnAmerica CEO Greg Rand, explained that there is nothing to fear headed into 2017.
The exception, he stated, was that the change in administration is causing some consumers to hold off on making decisions related to homeownership, purchasing and investing.
“I’d have to say that disruption from Washington is the only thing that I could see on the horizon,” Rand said.