BrokerageIndustry News

Real estate’s perfect storm?

Part 1: Navigating today's market
Published on Jun 8, 2009

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by CareyBot

This year's National Association of Realtors midyear conference was packed with information that can help your business. Today's column covers some important highlights.

1. The perfect storm
Robert Sibcy of Sibcy Cline Realtors argued that we are in the exact opposite of the "perfect storm" for real estate. Sibcy contends that now is absolutely the best time ever to purchase real estate. Consumer confidence is increasing, the housing affordability index is the best it has been in 40 years, and interest rates are hovering around 5 percent.

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