How's The Real Estate Market?
By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
How's The Real Estate Market? This is often the question when you are known as a real estate professional. Although the answer can depend on many variables, in general it is GREAT!Some of the variables include: what type of real estate, what price point, what condition, the components, and of course the location. Many use the question as an ice breaker in social conversation. But when it is asked, there is always some mount of serious interest in the answer. So how can you get a general answer that has truth?Each month, the National Association of Realtors® (NAR) posts it's research results on the NAR website. One of the interesting data points to look at is the Housing Affordability Index (HAI). This is the number which indicates how much income the average American home buyer has when...
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