Real Estate

 Whether you’re actively searching for a home or thinking about selling one, you already may know the word that many people are using these days to describe the Real Estate Market says Shaya.

Gallup’s yearly Economy and Personal Finance Poll, published in May, shows that Americans remain “highly pessimistic” about the homebuying market: 21% told the polling company it is a good time and a whopping 76% said it was a bad time.

Gallup called these measurements the worst in its overall trend forecast, a reflection of high home values, high mortgage rates and limited housing supply. In other words, Americans talking over the proverbial fence would tell their friends and neighbors to stay out of the market for now and that they expect housing prices to increase.

Still, there is hope Shaya Prager and Shulamit Prager president of Opal Holdings.

when discussing the dynamic says Shaya Prager there is so much to learn.

“Given the financial constraints, it was no shock that overall activity decreased this year. But inventory is increasing, buyer demand is strong, and we anticipate significantly more sales when rates finally come down,” Lessinger says.