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Happy New Year my Friends and Clients, I Hope My Wish Finds You and Your Families in the Best of Health. Now that Most of Us Have Put the Tree Away and Cleaned up the Confetti it’s Time to Take a Look at the Current Market. Here’s a snapshot from Lawrence Yun, Chief Economist of the NAR:
“The relationship recently between Mortgage Interest Rates, Home Prices and Family Income has Been the Most Favorable on Record for Buying a Home Since we Started Measuring in 1970.”
Next Week the Stats will be in for the Last Quarter in the Santa Barbara Area. You’ll be the First to Hear how this Relates to Mr. Yun’s Comments. Stay Tuned.
~Nancy
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