Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Does the Real Estate Recovery Rely on the Supply of Housing?? Or, Does It Need Consumer DEMAND???
The Real Estate Market.
Kind of a long post and hard to follow in spots.  But an excellent insight into the Real Estate Market.  Read the post and let me know what you think.
If you want to know about the local East Contra Costa Real Estate Market give me a call at 925-260-4321.
                                                              * * * * HARD CORE REAL ESTATE TALK * * * *The Analysts at Barklays Capital appear to be engaged in some numbers crunching.  Sadly, they fail to understand what we mere real estate industry practitioners understand - - SUPPLY DOESN'T EQUAL DEMAND.LET'S MAKE THE CONSUMER THE FOCUS OF THE HOUSING MARKET. If the question is, "Is this a good time to buy a home?"  Considering the historic low interest rates, supply of well priced homes, the answer must be a resounding "YES".  However, unlike the examples of history where the future investment potential was a huge factor, that may take a back seat today to AFFORDABILITY, which is quite high.  With high AFFORDABILITY, comes OPPORTUNITY for serious housing consumers make the most of this unique opportunity and focus their housing needs on BUYING their next home rather than RENTING their next home.
Barcleys says "Housing supply could normalize in 2014".  That's ... more

__________________________________________________
Are you on The Rain? Grow Your Network!