BrokerageIndustry News

A real estate rise in the fall?

NAR CEO says sales could pick up in autumn months
Published on Jul 15, 2010

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by CareyBot

SAN FRANCISCO -- It may be the traditionally slow spot on the real estate calendar, but National Association of Realtors CEO Dale Stinton says he's looking forward to fall.

Stinton, appearing on a panel Thursday at the Real Estate Connect conference, said he agrees with NAR economist Lawrence Yun that the sales drop-off after the expiration of the homebuyer tax credit will endure for a couple more months, then purchases will regain some traction in autumn.