The once-hyper market is experiencing a soft landing near historical norms

The media continues to buffer their harsh outlook on the housing market, as indicated by a few of the articles below and those to come.

Check out this article which states the NAR (National Association of Realtors) expects a slower years in terms of sales, minor fluctuations in prices, and stabilization near or below present levels.

Activity is certainly increasing here on the Coast and while we generally follow the trend, it appears that we may be recovering more quickly than those areas that continued to see sales growth well after we took a hit. Most of the sub-million dollar properties have already seen reductions and it seems to be a good opportunity for those who waited.