Navigating a Bizarro Real Estate Market: What You Need to Know

Lawrence Yun, chief economist for National Association of REALTORS® recently wrote in Forbes Magazine “We are living in a BIZARRO world.” The housing market is HOT but the homes sales aren’t rising. Lawrence says our economy is looking strong and he also states that unemployment rates are at the lowest level since 2000.  Existing home sales nationwide are down so far this year, albeit only by 1%. New homes are modestly higher from last year, though well below historical norms. This article has some fantastic facts and accurately outlines what we are dealing with in this booming economy and real estate market. Click here for the article in its entirety.

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