NetworkNewsBreaks – eXp World Holdings, Inc. (EXPI) Optimistic as U.S. Housing Hits Record High of $29.6T
Investor confidence in the real estate industry was strong in 2016, evidenced by Zillow research (http://nnw.fm/Qyi23) that shows the value of U.S. housing stock increased to a record $29.6 trillion for the year, up nearly 6% over 2015. Though rising interest rates are likely to yield an unfavorable impact for homebuyers in 2017, eXp World Holdings (OTCQB: EXPI) remains optimistic about its own performance amid the changes. “Most recently, RISMedia (http://nnw.fm/l7zcS) published a study highlighting the fact that more real estate executives are confident about their own local economies than about the world economy. Yet many real estate executives are…