Brian Albrecht on the Housing Market

Barron’s – ICLE Chief Economist Brian Albrecht was featured in a story by Barron’s about his recent move  and what it taught him about the housing market. You can read full story here.

Even economists buy and sell homes.

Brian Albrecht, the chief economist at the International Center for Law and Economics, and his wife bought a home site unseen over the span of a weekend and sold their house in a matter of a week.

“We rushed to get our house on the market,” said Albrecht, who sold a rural home in Minnesota on the Saint Croix River as mortgage rates neared 6% in June, three percentage points more than where they were at the end of last year.