The Real Deal Miami

National market fundamentals in check?

November 15, 2008 04:28PM

At Century 21 Real Estate for more than 25 years, President and CEO Tom Kunz spoke to CNBC this week about the state of the national housing market. Kunz maintained that market fundamentals are not so bad. While the unemployment rate rose to 6.5 percent in October, people still have jobs, most will see an increase in income, there are mid-range single-digit interest rates and there’s a lot of inventory to choose from, presenting “some opportunity.” Kunz added: “Confidence is really the issue we have to focus on.”