It is predicted by the National Association of Realtors that over the next six months...
Existing home sales will RISE
New Home Sales will be flat - because less builders are bring new inventory to the market.
Housing Starts will go DOWN - again, less being built.
Housing Affordability will RISE
Mortgage rates will remain stable - cannot fall much further from the lows they are now.
From the first quarter 2008 Economoic Monitor Report done by the NAR for Metro MLS.
Many buyers have been waiting on the sidelines. Do not wait too long, a rare buying climate is in place right now.
Real estate companies track progress year to year by the number of sales and transaction sides. For a long time now, things have been tough. But not every state and not every market. Of the Milwaukee regions 14 offices, five of the offices are having better years than they did last year - more sales, more sides, more success than last year. That is encouraging news and something to be proud of. So congratulations to the Johnson Creek, Muskego, West Bend, Fon du Lac and racine offices of First Weber.
If you are looking to buy in those areas, business is looking good!
