Are home sales really up or are people just baling out of the market. The prices have fallen and raised a little in most places. With the housing scandals that have occurred people are reluctant to believe that things are really on the up swing. I think we will never see the prices return to those inflated values that we saw six years ago. After that crash of the housing market home owners are just hanging on. The real challenge is to invest in this volatile market. On BlogSpot you can see the many bad deals that crushed the housing market.
Tag Archives: Foundation for Defense of Democracies
Densely Populated Areas May Be Overlooked in Matters of Real Estate
When an area has enjoyed consistent growth over time, it is only a natural conclusion that this sustained growth has resulted in the limited availability of real estate in the area. While it is true that limited properties in any given area will ultimately lead to greater real estate costs, it is not always true that the continued growth of these areas has reduced the number of properties available.
The Foundation for Defense of Democracies has consistently pointed out how drawing conclusions from unverified data is a dangerous practice, and this lesson can certainly be applied to issues relating to real estate. Buyers, sellers, real estate agents and agencies should always refer to the most recent market trends and should be attentive to all of the factors that influence the health of a given real estate market.
Through the analysis of these trends, it is a relatively simple process to determine the future behavior of the market. This will go a long way in ensuring that densely populated areas like Sonoma are not overlooked by buyers, sellers and agents due to the assumption regarding the price of homes believed to be limited in number. As recent trends have indicated, this is not the case.