Blog
Is the housing market going to crash?
No. Housing economists and analysts agree that any market correction is likely to be modest — no one expects price drops on the scale of the declines experienced during the Great Recession. The likelihood of a market crash is minimal. — LAWRENCE YUN, CHIEF ECONOMIST, NATIONAL ASSOCIATION OF REALTORS There are still far more buyers [...]
Chief Economist Report
Home sales - newly constructed and existing- could rise by 10% in each of the next two years. Steady mortgage rates and more inventory will help. In addition, job growth has boosted a sizable pent-up housing demand to hit the market in the upcoming years. Where are the jobs? The green colored states are hot [...]
Weekly Real Estate Update
The Week in Real Estate It was another steady week of real estate activity. We continue to inch towards the $1 Billion in Sold Dollar Volume mark for just the 3rd time in the market's history. Halloween is Thursday, and while there have already been several events in the valley, here is a look [...]