• 22-APR-2013

  • SOURCE: National Association of Realtors

Is the Housing Market Bouncing Back?

It's a seller's market! It's a buyer's market! After years of living in the bubble, foreclosures are in decline, housing inventory is tightening, investor demand is up and mortgage interest rates are at a record low. But what does this mean for the average Joe or Jane?

Whether you're looking to sell or ready to buy, Gary Thomas, President of the National Association of Realtors (NAR) says there's a market for everyone. Gary talks to viewers about today's real estate landscape, the difference between a seller's market vs. a buyer's market, and how to capitalize on the current momentum.

Guest: Gary Thomas, President, National Association of Realtors®
Gary Thomas, a REALTOR® in Orange County, Calif., is the 2013 President of the National Association of Realtors®. He has been in the real estate business for more than 35 years and has helped countless home buyers and sellers through successful transactions. He is also very knowledgeable about public policy issues that could affect homeownership, now and in the future. At the national level, Thomas served as the NAR 2012 President-Elect, the 2011 First Vice President, and the 2009 Vice President and Liaison to Government Affairs. He has served on NAR's Board of Directors since 1995. His state peers named him "Realtor® of the Year" in 2001. Active in his community, Thomas was named the 2001 March of Dimes Hero.