It depends on the reason behind the motivation for buying or selling. If someone is trying play the real estate investment game then interest rates, unemployment figures, government regulations, qaulity of life standards, housing supply & demand figures all become deciding factors on the decisions to be made. Also, when picking a home to buy for ones homestead local info should be taken into account as well. Remember real estate by nature is local and a long term investment, and can be risky when chasing short term profits. Sellers need to take into account local market conditions as well as lending practices & interest rates when pricing their property. Trying to get more for a property than the market will bare will only cost the owner time and money. Call me today and let's talk real estate!