4th Quarter Real Estate Market Update

Current conventional wisdom is that our real estate market has transitioned from a sellers market to a buyers market.   Lawrence Yun, NAR chief economist, writes that home prices have been rising too much relative to income for many buyers to keep pace.  Rates are up and consumer confidence is down.  But the reason rates are going up is because the economy is “roaring” (quoting Yun), and that as long as the economy stays strong home sales could head up even Continue Reading