Headed for Another Housing Crisis?
Headed for Another Housing Crisis?
Headed for Another Housing Crisis? Is the Current Pace of Home Sales Sustainable? There are still lots of buyers who are needing to purchase a home before the end of the year. Interest rates are creeping up and buyers want to still take advantage of the lowest interest rates in years! We are still in a Seller’s Market in the South Bay, but there may be a slight shift in 2017.
Is the Current Pace of Home Sales Sustainable?
There are some experts questioning whether the current pace of residential home sales is sustainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very healthy real estate market. Look here at the graphs!
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