The mood of uncertainty was evident in a local report this week showing that only 318 new and pre-owned houses sold in Clark County in November. That’s down 37.3 percent from the 507 home sales in the same month last year. November’s total was the lowest for that month since 1994, according to “benchmarks,” a tracking service of Vancouver’s Riley & Marks appraisal firm.
“Uncertainty” is probably the key word, as the article explores somewhat. How bad are job losses ultimately going to be? Will interest rates be set at 4.5%? Who knows?