Monday, October 15, 2007

2008 Forecast for National Real Estate Market

To follow our recent post about the 2008 forecast for California housing, we now present the 2008 housing market forecast from the National Association of Realtors® (NAR). The NAR states "Conditions in the mortgage market are improving for consumers, which should help to release some pent-up demand in early 2008 ..." saying further "...it’s important to place the current housing market in perspective, and that 2007 will be the fifth highest year on record for existing-home sales".

To read more: 2008 National Association of Realtors housing forecast

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