The real estate industry is still selling houses to people with the wrong ideas
5 of 5 You might think a lot of people are buying houses with the intention of renting them out to people who aren’t qualified.
But the reality is a lot more complicated.
The realtor says that the market for housing is in free fall, and that the number of properties being sold is falling faster than the number that are being built.
That’s because many of the people who are buying these houses are putting money down, which is going to drive down their prices.
But that doesn’t mean the market is set to collapse.
For one thing, the number buyers is likely to continue to grow, with more people signing up for homes in the future.
And there are many other factors at play, such as the rising cost of energy and infrastructure, the rising costs of building homes, the lack of affordable housing, the fact that the median household income has stagnated in the last decade and a half, and the fact we are entering a new era of urban sprawl.
The reality is that the real estate market is still not working, according to TheRealtor.com.
And that’s a huge concern for the people of New York City.