Housing Recovery On Hold

 Today the new construction numbers came out and they were as dismal as existing home sales. Although the Cheyenne housing market remains somewhat stable we are shadowing the national numbers. Weak sales in July in both existing and new construction locally. It may be true that the housing industry will not be able to make a quick recovery without government help. I believe that it was the housing stimulus that has dampened the recovery. There is a price to pay when you are giving something away and then it suddenly comes to an end.

Rob Graham

Broker/Owner

Rob@CheyennePropertyManagementGroup.com

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About CheyenneRentals

Rob Graham Broker/Owner of Cheyenne Property Management Group, LLC
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