NAR Chief Economist Visits Park City
Posted by Erik Asarian on
Lunch with Dr. Lawrence Yun in Park City, Utah
We had lunch last week with Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS®.  Dr. Yun was relatively bullish for the near-term future of resort real estate market conditions in the Park City & Deer Valley areas. Â
Dr. Lawrence Yun-NAR Chief Economist & Erik Asarian-Branch Broker Keller Williams
One might suspect the Grand Poobah of REALTORS® might spin the data into a good news story, but he had the facts to back up his assertions. Â
Key factors in his case for continued market recovery included:Â
- Massive reduction in available properties for sale compared to a couple of years ago
- Anemic number of new housing starts in Summit County, Utah
- Affordability (low…
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