A recent report from San Diego-based DataQuick reveals that although the month’s overall home sales increased, job security, tax increases, and other market uncertainty will ultimately limit growth. It is even believed that these concerns are so real that when weighed in light of other factors, they will eventually contribute to reductions in the market's housing demand, according to the data provider's April Property Intelligence Report (PIR).

As sellers hold their grip on the market, buyers are starting to understand what it's going to take to stay in the game, according to responses in Redfin's second-quarter Real-Time Home-Buyer Report. The consensus that is emerging is that the present market is most definitely shifting into a seller's market with statistics showing that a scant 31 percent of homebuyers actually are of the opinion that it is a good time to buy in their local areas, this finding down from the recent 40 percent.

With the election now upon us, we have only a matter of days left to discuss and determine just which candidate to choose on Tuesday, and although there is certainly no crystal ball that can tell us exactly how each party's plan will pan out, there are professionals present in today's market that truly know their stuff. One such advisor we consulted regarding the "what ifs" of this election is Dale McPherson, president and CEO of Field Asset Services (FAS). Offering up possible scenarios from both sides of the fence, McPherson shakes his mental magic eight ball and surmises some enlightening post-election possibilities for the housing industry.