Is the housing balloon ready to burst? Not hardly, both the National
Association of REALTORS and the Federal Reserve Bank agree. Consumer spending
on housing has been strong for years, and is expected to remain so for some
time to come.
But The Fed and NAR also agree the balloon will slowly deflate. While real
estate sales are comparatively robust, experts say the buying cycle begun in
the late 1990s has peaked and is declining. Increasingly higher interest
rates, instilled by The Fed as check against the potential of inflation, are
one reason. Unreasonable owner expectations of return on investment capital is
another. The relative lack of housing affordability among a large pool of
potential buyers – modest and low-income families – is a third.
“Helping Consumers Win In A Changing Market” covers a series of fast-paced
topics specifically designed to enhance licensees’ understanding of ways in
which the market can change. Equally important, it also covers how licensees
can position their clients to benefit from those changes, or at least help
insulate them from their effects.
“Helping Consumers Win In A Changing Market” is a presentation developed
by Polley Associates, based on court documents, authoritative industry
research, professional real estate expertise, and recent news events and
writings.
This is a half-day course. It fulfills 3-1/2 hours of the 14 hours of
mandatory continuing education (MCE) required by the Pennsylvania State Real
Estate Commission for salesperson's or broker's license renewal.
