I wanted to share some good news from Lawrence Yun, Chief Economist at national Association of Realtors. We will take it!
Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year’s record lows, the chief economist of the nation’s largest real estate group said Friday.
“Tight mortgage credit conditions have been holding back homebuyers all year, and consumer confidence has been shaky recently,” Lawrence Yun, chief economist of the National Association of Realtors, said. “Nonetheless, there is a sizeable pent-up demand based on population growth, employment levels and a doubling-up phenomenon that can’t continue indefinitely.”
One thing I always say is that we cannot improve the market, but we can improve ourselves. Here at BOLD MOVeS REAL ESTATE, we are constantly trying to improve our trade to provide you with superior service. Please comment so that we can get you in our Information Circuit!
