Don’t Be Deceived By Notable Real Estate Headlines | Staten Island Real Estate Update


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143 points

example:Don't Be Deceived By Notable Real Estate Headlines |  Simplifying The MarketAs the chart reveals, last spring’s buy market was anything but typical. Instead of sales rising, they fell sharply as a result of domestic orders, which nearly shut down real estate.

This spring’s real estate market will rebound with more normal seasonal sales increases. The percentage increase in sales will be astronomical – not because sales have exploded, but instead because they will be compared to last year’s low numbers.

Bottom Line

There will probably be some sensational headlines about real estate over the coming months. However, don’t be fooled. The factual history is that the real estate market is finally normal.

Content previously posted on Preserving Current Affairs


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