The Beginning of the End?

The Beginning of the End?

Will it be a silver lined or storm cloud at the end of the real-estate horizon? Currently, there are dueling economic indicators suggesting the future of the real-estate market remains undetermined. Below find a summary of various economic conditions that will put both upward and downward pressure on the housing market.

Upward Pressure
Current factors that continue to put downward pressure on the housing market include:
-Decline in foreclosures and mortgage delinquencies for 3rd straight month.
-Record low interest rates
-High housing affordability
-Economic growth
-Increase in annual home sales

Downward Pressure
Current factors that continue to put downward pressure on the housing market include:
-Bulging inventories of unsold homes
-Legal improprieties in the foreclosure process
-Shadow inventory of foreclosed homes
-High unemployment
-Increase loan costs

Tucson Real Estate Agent, Lisa Bayless, specializes in Tucson Foothills homes and Oro Valley homes.

Share
This entry was posted in Tucson Real Estate news and tagged , , . Bookmark the permalink.

7 Responses to The Beginning of the End?

  1. Kaed says:

    Real brain power on display. Tahkns for that answer!

  2. Charleigh says:

    Superbly illuminating data here, tahkns!

  3. Destrie says:

    Cool! That’s a clever way of lokonig at it!

  4. Stubborn Continue to pound the square peg into the round hole despitte breaking countless pegs and hammers

Leave a Reply

Your email address will not be published. Required fields are marked *