Lance Hanson on the Interest Rate and the DSM Housing Market

Today the Fed made it clear they intend to keep interest rates low. What is the impact on the Des Moines Housing Market and where does that market stand...today?  We asked Lance Hanson from ReMax Real Estate Concepts for his reaction to the issue and the impact from our story regarding the drop (by 31%) in new housing permits in the Metro.

Insight on Business the News Hour with Michael Libbie is heard Monday - Friday from 5PM to 6PM on 1350-KRNT, Des Moines.  Connect with us on Twitter @IoB_NewsHour and, for more fun, here is our Facebook Page