Moderate Economic Growth - Strong Housing Sector

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Fremont is on Fire. 1300 sqft homes are selling between $900k to $1M. Ardenwood is now considered a millionaire neighborhood.

 

From DS News

Forecast Calls for Moderate Economic Growth; Housing Gaining Momentum

Leading indicators for the housing sector have shown that despite the moderate economic growth predicted, housing may experience a strong season in the spring, according to Fannie Mae. In March, existing home sales rose to their highest level in nearly two years, but for Q1 existing home sales were off slightly from the previous quarter's total. Despite a slowdown in March, new single-family home sales ended the first quarter at their strongest pace in seven years.
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- Sunil Sethi

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