Tag Archives: demand

Dramatic Cooling off Causing Switch to Buyers’ Market

According to Michael Orr of ASU/WP Carey School of Business, the change in market balance accelerated during October reaching a shocking pace we almost never see. Only in the second half of 2005 have we seen demand drop at this exceptional speed. Demand has been falling dramatically for the past 3 months and October saw […]

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The Future’s So Bright You Gotta Wear Shades

http://www.dsnews.com/articles/nar-speculates-on-future-of-housing-at-expo-2013-05-17 The National Association of Realtors, at their annual Midyear Meeting in Washington DC this week, said they expect existing home sales to increase to nearly 5 million this year and then grow to an annual rate of 5.3 million in 2014 & 5.7 million in 2015.  Dramatic price increases are also expected to continue […]

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