Like all markets, the real estate market is cyclical. Price range, location, the economy and a host of other factors all come together to determine how good or bad your market will be. The question is how can you predict what’s ahead for your market?
- The real estate market seems to run in 10-year cycles.
- Both presidential candidates want to change how we are taxed.
- You might have a seller's market in some price ranges and a buyer's market in others, especially if the market is in transition.