Need to Know about the Current Real Estate Market (Real Estate - Real Estate Agents)

Item ID 13687618 in Category: Real Estate - Real Estate Agents

Need to Know about the Current Real Estate Market


Whether you’re entertaining notions of buying or selling a home, you’re no doubt keeping up with housing news. And, what you’re seeing may concern you.

Doom and gloomers, naysayers and, curiously, even some experts are claiming that they are worried about the housing market.


The fact is, the real estate market is the one bright spot in the economy right now, and there are three reasons we can say this with confidence:

Pending home sales
Mortgage rates
Consumer confidence
Let’s take these one-at-a-time and break it down for you.
Pending home sales
When a homebuyer signs an agreement to purchase, the home moves from an actively for-sale status to a pending status. It is sold, pending the outcome of the contract’s details. At any rate, it is no longer on the market.

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Last Update : Jan 03, 2020
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