Great article that gives one signs that the market is returning. But, I have a better one….. ASK!
To know if the housing market in any given year is improving, you’ve got to compare activity not only month-over-month but also year-over-year. Real estate markets move in cycles. Sometimes the market is up and sometimes the market dips. The mortgage meltdown of 2007 taught us in a big way that real estate prices do not continually rise. The housing market can crash. That 2007 crisis shattered dreams and threw the housing market into a panic.
