Compare the following cities at any given time as far as real estate market conditions: Chicago, Ill; Medford, Or; Detroit Michigan; McLean, Texas; Brisbane, Australia; Boise, ID or New Orleans, Oklahoma. Chicago is experiencing a balanced housing market, where as in Detroit the average time on the market is more than six months.Factors that affect the real estate market such as job creation, demographics, home prices and rents are all the local factors. Real estaet Boise Idaho. The fact is markets are localized with significant differences even within metropolitan areas.

Some facts such as interest rates may affect the national real estate market; however, that being said, the degree and how it affects each market will depend entirely on that local market.There is too much diversity in market conditions across the United States to make an accurate blanket statement regarding national real estate market conditions.

Try describing the weather across the nation with one blanket statement. How accurate could you possibly be? Trying to describe the real estate market with an across the board statement would be about as solid of a statement as describing the weather across the nation with a single statement-The statement would be meaningless. When you really want to know what the weather is like, perhaps it is best to look outside and see what it is like in your community.

Want to know how your real estate market is doing talked to an informed professional EXPERIENCED real estate executive.

Perhaps one might be more accurately describing the market if they used the analogy of martini bubbles for a few areasthat isas long as they included a glass of milk, juice, and perhaps little coffee, illustrating there is a whole buffet of market conditions across the nation-as there always will be.