Anecdotal evidence of market shift?
By Ann Heitland, Retired from Flagstaff Real Estate Sales
(Retired from RE/MAX Peak Properties)
Any members out there seeing/hearing anecdotal evidence of a market shift? I've heard from two sources that building is picking up again around town. This morning, the Wall Street Journal reports that national statistics for June "home construction unexpectedly rose, after two straight months of decline, but a plunge in building permits indicated the upturn might be short-lived." Could the housing market get anymore confusing?While the Flagstaff real estate market rarely tracks the market in other parts of the country, I'm willing to say that on one issue there is a correlation -- the real estate market is sending mixed signals. See my post earlier this week Prices Are Falling! (A Bit) (Maybe).For real estate in Flagstaff.
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