Housing News
Is 2015 the year to buy or sell your home?
(Housing News) If you own a home or are thinking of buying, you should know the factors that give you an advantage with your timing – let’s ask one of housing’s top economists what you should do.

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Hank Miller
December 15, 2014 at 11:49 am
“We’re not alone in our analysis that the housing market is in a slow pace of recovery, in fact, realtor.com Chief Economist, Jonathan Smoke states that 2015 is the year of recovery, and that unless you are in some isolated areas in the slower moving Judicial states, we can can close the book on the foreclosure crisis.”
That is quite the statement. I would strongly caution against betting too much on that – part of the reason that inventory is so low is that many sellers can’t afford to move. Many are simply treading water a heartbeat away from going back under should a hiccup occur. Added to that stagnation of salaries, the lack of quality employment, insidious debt growth and of course obaamacare expenses…closing the book is more smoke and mirrors.
Smoke indeed – just as we’ve seen for the last many years. Without fundamental economic improvement – not cooking the cooks improvement – nothing changes. At best, 2015 is stable – it’s far from a recovery – unless of course they want to start playing with that definition as well.
Gabe Sanders
December 20, 2014 at 4:01 pm
Unless you’re dealing with investment properties, buying or selling a home is usually determined by life changing events outside of one’s control. So, timing the market, (or attempting to time the market) is usually not an option.
Dave Slaughter
March 11, 2015 at 12:01 am
As mentioned with the Gen Xers, myself included, many are choosing to forgo home buying and staying flexible with their home situation and being more agile to move to either the cityscapes, or renting for an easier launch to the next level of career path moves. That’s why I believe housing will stagnate to some degree, both selling and buying.