Thoughts on Homebuyer Behavior from Real Estate Industry Expert
"It's unlikely homebuyers will be able to resist interest rates dropping another half a point, while home prices are also dropping. Also, the see-sawing stock market could be reminding home buyers of the volatility of investments. At least in a home, they won't feel the rocking motion of prices." Blanche Evans, editor, Realty Times, "Existing Home Sales Show Surprising Gain. Will It Last?" March 26, 2007.