Realtor Magazine uses a rare term in their new article!!

And the “rare term” is………”Balanced”!!

 

To quote the article in Realtor.com

“The housing market has been called plenty of things this summer: red-hot, insane, brutal. But the latest word du jour to describe the state of real estate today is almost shocking in its tepidness: balanced.

This term cropped up most recently in an analysis by Realtor.com economist Jiayi Xu, who notes, “Our weekly data suggests that the U.S. housing market keeps progressing toward a more balanced market.”

Many economists of late have remarked on the market’s more even-keel turn.”

Economists Have a Strange New Buzzword for the Housing Market That Will Shock Buyers and Sellers