If you ask residents of West Yarmouth to share their stories of the housing market crisis currently being experienced in the country, chances are they won’t have any. That’s because West Yarmouth is one of a handful of metropolitan areas that has actually seen home prices increase over the last few years.
Local economist TerryAndrews explains this surprising fact by looking at local industries. "West Yarmouth has been very active this decade in attracting large, diverse, and technologically modern employers. We now have more than ten companies with their corporate headquarters here in West Yarmouth," saysAndrews.And that corporate presence, he maintains, has kept local employment levels much higher than the national average. This, in turn, has kept mortgages paid and homes occupieD、Talking with real estate agents, entrepreneurs, and other experts, one thing is clear: they are optimistiC、There is a general feeling that West Yarmouth will keep riding this wave of economic growth straight out of the national recession. What is true about West YarmouthA.Its employment rate is lower than the national average. B.Its economic forecast is positive. C.Its mortgage rates have reached record lows. D.Its housing market is finally stabilizing.