[quote=FlyerInHi]I had a discussion with a realtor over real estate values. He said that the data doesn’t show any decline, in fact there is less inventory because people are holding off listing. I responded “Ha! Current data is no prediction of the future.” But, you know, realtors always say it’s a good time to buy.
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What concerns me about the market right now is that rents are dropping much faster than house price. Normally, at Spring time, rental will go up…but landlords have less options if they have a vacant property (homeowners are prevented from being evicted without paying mortgage).
