Housing OK Despite Stock Market Volatility

Author: Rich Barnhart

Author: Rich Barnhart

Lawrence Yun, chief economist for The National Association of REALTORS®, discusses the recent stock market correction. He assures us that “The fundamentals of the economy are strong and the recent stock market correction is a healthy development after the rapid run-up of the stock market”. Bottom line, the housing market is still strong and there is no reason to believe that recent losses in the stock market will have a negative affect on the housing market.

Blog Author:

Rich Barnhart

Rich is the broker and owner of By The Sea Realty and a frequent contributor to the company's real estate blog.
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