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Real Estate Briefing - Categorized | Americas, Market Moves more

The myth of the national housing market

Posted on 20 June 2012

The housing boom and bust gave rise to the myth of a “national” housing market. After all, prices rose in almost every part of the country until 2006, when they began dropping from coast to coast.
But today’s story in the Journal looks at how the beginnings of housing recoveries are neighborhood and even street specific. While the media are often pressed to generalize about the national market, or to highlight cities that, on the whole, are rising or falling, most real-estate agents will remind buyers that broad housing indexes may not hold much water when it comes to pricing their homes………………………………………..Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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