Happy new year, happy new real estate market

Happy New Year! So here we are in 2010 – a new year and a new decade. I hope you have recovered from your festive celebrations, or if they’re still going, I have to say I am mighty envious. Having a coffee cup in my hand at this time of day certainly doesn’t cut the mustard the way my early afternoon vino’s did, I have to say. But I should talk property! And on that note, as the dust settles from 2009’s volatile real estate market, it’s time to look ahead and make the most of the improving market conditions.

  

In the real estate game, many people have been asking what the year will bring and of course, no real estate agent knows for sure. However, at CENTURY 21, we do pride ourselves on being your local expert, so I like to think we can make some reasonable assumptions.

  

Currently the property market for the most part is still relatively quiet due to the Christmas holidays. It’s true that real estate gets slower around this time, and that’s understandable when you consider how many people skip town during the festive season. Real estate agents have still been incredibly busy however, and there are certainly people trying to buy at the moment, so the interest is there, and that’s why I’m confident the real estate market will continue to improve as this year goes on.

  

So as far as real estate goes, I’m expecting to see significant increases in property value in 2010, which means getting into the market as early as possible in this new year is a smart move. We have seen strong rental demand continue around the country for lengthy periods now, and I think it’s fair to say that this trend will also continue. All in all, I believe the real estate market is looking positive this year and I am anticipating that all of our Century 21 real estate agents will be run off their feet very soon if they aren’t already. Pop in to see your local expert and discuss real estate opportunities in your area. It’s the perfect time!

  
Posted by Charles Tarbey on 11/01/2010 at 2:40 PM | Categories:

5 Comments

Ryan Johnson

Ryan Johnson wrote on 26/01/2010 6:34 AM

Greetings from Minnesota! We run the local (Mn)REIA up here and we're finding it to be a very interesting year. With the change in the FHA seasoning requirement it looks like short sales are set to take off and hopefully that will start cleaning up the subclutter, solidify the price base and rise the tide. Looking forward to the new year! :D Looking forward to hearing back from you about your take on this little slant.
Budget Van Lines

Budget Van Lines wrote on 24/02/2010 11:44 AM

i hope you're right about property values rising..
la quinta new homes

la quinta new homes wrote on 08/03/2010 4:43 PM

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Roofers

Roofers wrote on 18/03/2010 6:04 PM

I think one of the reason why real estate was slow in 2009 was the recession. Some of the reputed financial institutions have gone down in 2009, which really had a great impact on real estate market. The economy is showing signs of recovery now and I hope your prediction should come true this year for real estate boom. Also people need to understand that this is the good time to invest in real estate.
DLF Maiden Heights

DLF Maiden Heights wrote on 01/10/2011 5:20 PM

I think you are right. In 2009 recession was the major reason for real estate slow value.

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