As you can see from the graph below, not only have we been continually exceeding all time market highs for the past few years, we now seem to be receding and heading into a slower market. Of course this is to be expected as a market cannot continue to go up forever; however it seems it is fueled a lot more by media reports instilling fear in consumers than real economic conditions that one would expect to cause such a turn in the market.... In my last blog post, I commented on how the changing market affects different players in the market and their motivations (from the first time buyer to the investor). If you would like more information specific to your own situation, please contact me.
