Why Home Sales Will Rise This Year

Posted on May 27, 2011 | Leave a comment

A great prediction! According to the National Association of Realtor’s chief economist Lawrence Yun, the remainder of 2011 should finish strong for home sales due to the following reasons:
- More jobs.
- Rising stock market wealth.
- Rising apartment rents.
- Continuing high affordability conditions.
- Home values at historically justifiable levels.
Investors looking to hedge against inflation.
- Foreigners buying U.S. homes on the cheap.

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