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    Is a local housing rebound on way in 2008?

    The Dispatch wrote Housing rebound on way?

    Dismal ’07 could lead to local-market rebirth

    Friday, January 25, 2008

    BY MIKE PRAMIK

    Local home sales declined for the second straight year in 2007, further evidence that the national real-estate crisis has touched central Ohio.

    What’s going to happen in 2008? It depends on whether you believe in statistics or optimism.

    “Interest rates are near 5.5 percent on a 30-year, fixed mortgage, and home prices are as competitive as they’ve ever been,” Hrabcak said. “Five years from now, I think people will say, ‘What was I thinking,’ with the type of selection, interest rates and competitive pricing that’s out there.”

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    Walker Evans
    Walker Evanshttps://columbusunderground.com
    Walker Evans is the co-founder of Columbus Underground, along with his wife and business partner Anne Evans. Walker has turned local media into a full time career over the past decade and serves on multiple boards and committees throughout the community.
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