Home buyers have waited for years but perhaps the agony is over. It is official; the National Association of Realtors® has confirmed that we are now in a buyers' market . According to the NAR June report on existing home sales issued last week there is now a 6.8 month supply of existing homes on...
The problem with the majority of real estate surveys and reports is that they are by definition lagging indicators. So while some "experts" are predicting the end of the real estate world and others are assuring us of a soft landing or a gradual deflation of the housing bubble , or employing other euphemisms...
The National Association of Realtors (NAR) has issued its report for both December existing home sales and for the entire last year. Total sales for the year, including single-family houses, townhouses, condos, and co-ops totaled 7,072,000 units. This was 4.2 percent higher than the 6,784,000 recorded...