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Real estate boom to continue, economist predicts
One day after figures showed that 2017 was a record year for central Ohio real estate, an economist told a crowd of 900 to expect better things to come. "You will sell more homes in 2018 than in 2017," Ted Jones, chief economist with Stewart Title Co ...
Jim Weiker The Columbus Dispatch @JimWeiker
One day after figures showed that 2017 was a record year for central Ohio real estate, an economist told a crowd of 900 to expect better things to come.
"You will sell more homes in 2018 than in 2017," Ted Jones, chief economist with Stewart Title Co., predicted during the annual Columbus Realtors forecast luncheon.
"I'm more bullish on the U.Seconomy now than I have been in my lifetime."
Jones spoke the day after Realtor numbers were released showing that more homes sold last year in central Ohio, and at higher prices and a faster pace, than ever before.
Jones said job growth, demographic trends, wage increases, cheap energy and low interest rates will keep the party rolling.
"This isn't a bubbleIt's all about jobs, growth and income."
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