Thursday, March 7, 2013

1/17/2013 Dave Linigers Top 10 Real Estate Predictions for 2013

1 - More buyers and sellers come back to the market.
2 - Homes sales will rise by 6-7 percent and prices rise by 3-4 percent.
3 - The inventory of homes for sale will hit a bottom.
4 - Higher priced homes begin to sell.
5 - Distressed property numbers continue to fall.
6 - Shadow inventory continues to fall.
7 - The number of short sale closings will rise to a peak.
8 - Record low mortgage rates rise slightly by year-end.
9 - Lending remains tight.
10 - Home affordability remains the best in years.