The Worst is Over

Many Realtors and Investors will be glad that 2006 is over. 2006 existing home sales were 9% lower than in 2005 while home-price appreciation closing out the year flat.

The good news is that the NAR reported that the market has essentially bottomed. That is good news for real estate professionals. Housing has weathered the storm, and down the road, it will be back to health.