Where will the Market Go?

Housing cycles are usually based on long trend intervals, long periods of ups and downs. The housing industry today is very unpredictable much like the stock market, one week it’s up and then the next week it’s down. Home buyers tend to react much like any other investor in other asset classes which is they depend on what they ingest during the week to make their investment decisions. This makes the task of predicting where the real estate market will go more challenging.

Predicting the real estate market is not as easy as putting your ears on the railroad tracks to determine when trains are coming through the faintest of sounds that vibrated along the tracks. This indicator worked for trains, will it work for the housing market if investors continually news that the real estate industry is going on an upward trends?