Clouds in the housing market

By
Real Estate Agent with Keller Williams Realty

The clouds over our housing market seem to finally be moving out!  Despite the recent economic turmoil, high levels of unemployment and dragging consumer confidence, home values performed better than expected this quarter. Economist Dr. Stan Humphries states " While we still have a ways to go in terms of home value depreciation, the pace at which home values are falling has declined considerably during the course of this year." Some are stating that this slower pace signals that a stabilization is on the horizon. I take this as great news to tell my sellers that are on the fence, and wanting to wait to list their house.

 

Comments (3)

Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Lisa, I have been shouting this from the streets. If they wait any longer, they'll be sorry!

Nov 28, 2011 09:03 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

This is awesome news for seller's who have been wanting to sell their home and great news for our overall market. Thanks for sharing the positive news.

Nov 28, 2011 09:07 AM
Laura T. Perry
Keller Williams Elite - Lancaster, PA
CRP, GMS, Award Winning Relocation Specialist

Even sunnier in 2014 ! Good news for this post -  http://actvra.in/4hVj

Aug 03, 2014 10:03 PM