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Wednesday, January 25, 2012

Real Estate- Top 10 Predictions for 2012


     1.     Low interest rates will continue.

2.     Stable house price movement – Slightly lower early, and then up.

3.     Increased overall sales of homes.

4.     Rising inventory of homes for sale – mostly due to foreclosures.

5.     50% of sales will be distressed property.

6.     We will see a better short sale process from lenders.

7.     Home ownership will be lower, rentals up.

8.     25% of buyers will be investors.

9.     More reliance on REALTORS.

10.    Use of mobile technology and social media to increase.  DAVE LINIGER, RE/MAX

The momentum of buyer numbers is growing.  Great time to buy, Great time to sell if you need to.

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