Pending Home Sales Pick Up in July
We have just previewed an interesting videoed interview of Lawrence Yun, the Chief Economist of the National Association of Realtors. Yun predicts continued growth and appreciation in the real estate sector due to continued job growth and the Fed’s prolonged monetary policy of rock bottom interest rates. He cites other factors as well.
While this is a “macro” – national – view, our investor-oriented clients should find Yun’s comments worthy of note. There are many factors that drive the real estate market and Yun has a wealth of statistics at his disposal.
The clip is short, but we feel that it is worth the 3:31 minutes of your time that the interview takes to run. We have numerous sources of information here at Silverwood, which keep us not only informed, but in front of market trends. We encourage our investors to keep themselves educated on an on-going basis as well.
http://www.realtor.org/videos/video-pending-home-sales-pick-up-in-july