It’s Time for Home Buyers to Start Shopping

Zillow Chief Economist Stan Humphries appeared on The Wall Street Journal Report with Maria Bartiromo this weekend to talk about the housing market.

Humphries says 2012 will be a confusing year for consumers. The housing market is in a bottoming process, and during that process a lot of indicators (home sales, home prices) go in different directions.  He encourages people to pay attention to the yearly changes rather than monthly blips.

Stan also offers his advice for home buyers looking to time the market bottom. Often consumers get hung up on home values and don’t pay enough attention to interest rates. He says home buyers need to think about the overall financing of the home, not just the initial sticker price.

Watch the entire interview here:

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About Maria Paulina Pagano

As a Realtor for the last twenty years and a Monmouth County resident for twenty-four years, I have accumulated extensive and invaluable knowledge of the Real Estate Market and Market Trends. Member of Ocean, Monmouth, & Middlesex MLS.
This entry was posted in Home Buying, Home Selling, Homeownership, Market Conditions, Monmouth County, Uncategorized. Bookmark the permalink.

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