The Economy Invariably Manages To Grow Long After The Housing Market Peaks

There is so much angst over the run-up in mortgage rates, the impact on housing, and the subsequent effect on the overall economy. I continue to field so many comments on how the economy can manage to survive without a vibrant residential real estate market. The answer is simple. The economy invariably manages to grow in an economic cycle long after the housing market peaks. It has always been the case, and the current situation is no different.

Read more: http://tinyurl.com/ma7qymg

Farmers market enjoying busy summer as more people look to locally-produced foods

Medicine Hat’s weekly Farmers Market is having another successful summer, says Brian Kannekens, chairman of the Stampede’s vendors executive. Kannekens believes the reason for the Farmers Market ongoing success is it fulfills a distinct niche in the city for produce and other artisan goods.

Read more: http://tinyurl.com/lsflu6f