How Macro Factors Affect the Housing Market
ByWith 2,000 attendees and an outstanding speaker lineup, you can’t afford to miss RealShare APARTMENTS in Los Angeles on October 21-22.
Blomquist: “If we do see a longer-term slide in the housing market, it certainly could ripple out and have a negative effect on potential homebuyers.”
IRVINE, CA—There is a connection between the stock market, falling oil prices and the housing recovery. After RealtyTrac released its July 2015 US Home Sales Report, which showed that sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows, GlobeSt.com spoke exclusively with the firm’s VP Daren Blomquist about macro factors and how they impact the housing market.
GlobeSt.com: Is there any correlation between what happens in the stock market and what happens in the housing market?…
