Chief Economist of the National Association of REALTORS Lawrence Yun came with facts and figures in hand to speak to the Park City Board of REALTORS about the national housing market Thursday. His assessment was a positive one: trends show the housing market is headed toward stabilization. "There are many indicators that things are starting to show much better numbers," Yun said, "both economically and in housing." Perhaps one of the biggest issues areas like Park City will face in the future have less to do with the economy and more to do with government. As a way to raise tax revenue, lawmakers are considering removing tax breaks for those buying a second home. "The government is considering removing interest
…Economist Breaks Down Housing Market for Park City
Written by Gina Barker, The Park Record