The housing market is difficult to predict when all the trusted sources are saying something different.
The bottom line is there are more qualified buyers searching for homes than there are properties for sale. When I played Volleyball and was ready to block a shot, I didn’t look at their arms flailing around. I looked at their core and when that moved I moved.
An interesting side note. “93% of borrowers who are in foreclosure today actually have positive equity in their Homes,…” – Rick Sharga real estate data company ATTOM (not to be confused with my headline).
Make it a Fantastic week.