By Rob Chrisman

Posted To: Pipeline Press

There are 1,700 capital markets folks wandering around Manhattan, and one of the topics is that one week Janet Yellen and other Fed officials are warning of an overblown stock market and a couple weeks later we’re still setting highs. Where else are people going to park their money? How ’bout housing? Pro Teck Valuation Services released its monthly Home Value Forecast examining markets in the Villages in Florida, as well as Midland and Austin Texas, as these cities experienced the strongest population growth percentage and are benefiting from a stronger housing market. The HFV found that the Villages in Florida has an average age of 69 years old. It’s where LOs go to feel young! Home prices in this area are anticipated to rise from $220,000 to $300,000 within the next five years. In stark…(read more)

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Written by : Mortgage News Daily

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