Real Estate Blog
Friday, March 13 2009
In my expert opinion, three major factors are at work:
1. Home affordability is at an all-time high. More people can afford to buy a home today than at any other time in history. This will spur sales.
2. Homes that are priced right are selling. Prices must reflect value, period.
3. The state of the economy and high unemployment will likely prevent home value increases this year, but as buyers drive down inventory, things will improve. It's the basic law of supply and demand.
-Michael Ardolino, Associate Broker
CopyrightC 2009 by Michael Ardolino