Thursday, September 11, 2008
National Association Predicts 2008
The National Association of Realtors® (NAR) predicts that for the rest of 2008, there will be little movement in home sales. The NAR has an index that measures what has happened in the recent past to predict the future. At this time, the NAR's chief economist,Lawrence Yun, is quoted as saying "...the long-term trend essentially flat..."
Read the press release here: here
Well, who knows what will happen in the future. You know what they say ... Hindsight is 20/20. At least, that's our opinion.