The House Market is a Crapshoot: At first glance of this headline, we almost immediately looked away, but after reading further, we think there are certainly valid points in this discussion. Karl "Chip" Case, co creator of the Case/Schiller Index, discusses just how uncertain real estate can be, particularly when trying to predict the housing market for the entire nation. On a more local level, things are never certain, but, with the help of your Realtor, it can be a lot more predictable!
Now is the Time to Sell: Some of these stats - pending home sales up by 6.1% - were detailed in last week's review, but, this article couples that info with another NAR report detailing the existing homes sales. An increase in new construction, as well as additional existing inventory entering the market, may soon flip the scales from a sellers' to a buyers' market. According KCM, now is the time to list.
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