Reading the current market

[Erik B.]

There are so many questions on where the market is and what direction it is heading. Whether a crash is coming or not and when.

My question is how does one read the market and where do you source factual information?

Where do you find the info both local and national for:

•Existing home sales

•New home sales

•Average prices of homes sold

•Days on market

•Interest rates

•Any any other useful info

Which of these metrics are most important to you when trying to figure out where we will be in 3 months, 6 months and next year.

[Mike Dymski]