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The real-estate market is one of the most important parts of the American economy.

And there's a lot of disagreement about where it's going next.

Housing is one of the largest sources of wealth for Americans, it drives other parts of the economy such as consumer spending, and the credit given out for mortgages keeps many financial institutions profitable.

Given the housing market's importance, economists and analysts spend quite a bit of time trying to figure out where the market is and what will happen next. As it stands, however, there appears to be no consensus on the matter.

On the one hand, some economists think the market is only just now entering its full-throated recovery from the housing crisis. In its latest "Macro Insights," the Goldman Sachs Asset Management team said the housing market was still early in its cycle.

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You could search for your next home all by yourself. But why? With an experienced Berkshire Hathaway HomeServices California Properties sales professional at your side, finding the perfect home is easier, faster, and a lot more fun.

We offer valuable advice and coach you through the entire home-buying or selling process. Yet many buyers still spend endless hours poring through classified ads, driving all over town, and viewing dozens of unsuitable properties – simply because they haven't connected with a licensed real estate agent. In today’s information world, having an experienced agent working to decode and guide you through the chaos is invaluable.