Mike Sklarz - 2006 Housing Outlook

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Mike Sklarz - 2006 Housing Outlook

After an amazing multiyear run of record-breaking sales figures and home price growth, the nation's housing markets in the last few months began to show signs of change. Interest rates on long-term mortgages have steadily increased and many markets have reported significant increases in home inventory levels, causing a shift from a seller's market to a buyer's market. Inman News caught up with industry executives to get their take on what's happening in markets around the country, what they're predicting for 2006 and what advice they had for agents in preparing for next year.

 

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