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Are Things Looking Up for Housing in 2019?

Do the latest U.S. housing market stats signal a time to smile? Yes, according to James Knightley, Chief International Economist at ING. “U.S. Housing markets had a pretty torrid time of things in 2018,” he said. This was particularly due to high borrowing costs as well as tax changes impacted the property taxes for many homeowners.

However, things are looking up in 2019. Knightley looks at the mortgage application figures for the U.S. housing market in January to analyze how the market this year might be a better one than last year. Watch this video to learn more:

About Author: Radhika Ojha

Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas.
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