Market Forecast Improves for 2010
In an interesting podcast from National Association of REALTORS (NAR), Chief Economist Lawrence Yun sheds light on the 2010 real estate market forecast. Yun estimates that 2 million Americans will take advantage of the first-time homebuyers tax credit and that 2.6 million families will utilize the “move-up” tax credit. In addition, he believes that existing home sales will rise by more than 20% in the first half of 2010. Good news for the economy and the real estate profession!
Listen to the podcast here and let us know what you take away from it. We hope it’s good news for REALTORS!
