Housing Market Elements in Play

by Tracy Hookstra | June 8, 2015

With all of the recent talk regarding the current housing market, have you wondered what elements actually play a part in determining where it’s headed? An April 2015 Bloomberg Business article highlights what points market analysts say we should watch.

  1. Inventory
  2. Prices
  3. Affordability for first-time homebuyers
  4. Credit availability
  5. Wages

To read the article in more detail, click here. Call The Jan Richey Team to discuss your buying and/or selling needs. With over 120 years of combined real estate experience, they can help guide you in the right direction.

Image: zillow.com