Sorting through the news about Real Estate marketing conditions
November 22, 2006
One news report says home prices are stable. Another report says home prices are declining.
Another says home prices are up year over year. How does the prospective buyer or seller make a decision about buying or selling in the current confusion concerning the state of the real estate market?
The National Association of Home Builders said it has determined in a survey that prospective home buyers' top priorities when considering a home purchase are price, interest rates and their housing needs. This report concluded that the final decision rested on whether the buyer can afford the new house, how it will impact their budget, their lifestyle and perhaps, their long term wealth. There is no doubt that media reports cause buyers and sellers to evaluate a housing move at this time, but ultimately it seems that finding the "right house" is still the top consideration.
One news report says home prices are stable. Another report says home prices are declining.
Another says home prices are up year over year. How does the prospective buyer or seller make a decision about buying or selling in the current confusion concerning the state of the real estate market?
The National Association of Home Builders said it has determined in a survey that prospective home buyers' top priorities when considering a home purchase are price, interest rates and their housing needs. This report concluded that the final decision rested on whether the buyer can afford the new house, how it will impact their budget, their lifestyle and perhaps, their long term wealth. There is no doubt that media reports cause buyers and sellers to evaluate a housing move at this time, but ultimately it seems that finding the "right house" is still the top consideration.
posted by shirley harry at 8:41 AM
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