Consider yourself warned – negative real estate headlines are in our future. But fear not, Chicken Little, the sky probably isn’t falling!
What those negative headlines won’t tell you is that reason the numbers look so bad is because a comparison is probably being made to the same time last year – and that’s when people were scrambling to take advantage of the Homebuyer Tax Credit before it expired.
We recently came across an insightful blog post on the KCM Blog with some great information about this very topic. Check it out and remember their reasoning the next time you read a doom and gloom headline about the state of the real estate market.
To read their pull post, click here.
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