ARMLS has started a magazine called WAVE. In this magazine, they go over what the current events and relevant news about real estate. A certain page caught my eye. ARMLS is taking statistics from last year’s sales, and overlaying that data with recent sales and current pending contracts to predict where the market is heading. Check out where they think the market is heading.
So what do you think of this?

Time well whether or not the predictions pan out. I hear so many conflicting “predictions” I don’t know what to think.
I have to say, it is nice not having real estate continue to plummet over the past couple months. There is a fair amount of activity in my neck of the woods. (Antelope Valley, California).
I will definitely check out WAVE. Thanks for the tip.