Number of sales are down, dollar volume of sales is up, average price of sale is up, median home price in Birmingham is up and inventory is down. Sears Roebuck filed for bankruptcy, student loan defaults passed 40%, corporate debt, consumer debt and national debt have hit new highs.
All these factors are and will continue to affect the real estate market. If you're thinking of selling or buying in the next five years you must watch this video. …….