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While almost all data have pointed to a good 2016 in terms of the housing market, few sources are indicating that anything outrageous is going to happen. However, Brian O’Connell has written a rather extensive piece for The Street. He makes some predictions with which we at least marginally disagree, primarily around long-term mortgage interest rates; however, he makes a compelling argument that the pent-up building permits are going to bust open with entry-level housing starts, and we’re in for another (a continued?) housing boom.
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