Los Gatos Weekly Times
NAR chief economist: Curve balls in an otherwise booming economy and housing market
Members of the Silicon Valley Association of Realtors were among 9,000 Realtors and industry experts who traveled to National Harbor, Maryland to attend the 2022 National Association of Realtors Legislative Meetings & Trade Expo on May 1-6, 2022. At the meetings Realtors discussed issues like the impact of the economy and global events on residential and commercial real estate, top emerging tech trends impacting the real estate industry, inventory, and fair housing solutions.
At the Residential Real Estate Trends Forum, NAR Chief Economist Lawrence Yun said two years after COVID-19, the U.S. economy has made an impressive comeback, largely due to a booming housing market, but changes are occurring. Yun said, “Housing kept