Thursday, February 21, 2013

2013 Trends in Real Estate


No one in the real estate business likes to make predictions. However, there are a few signs that the real estate market is starting to pick up.

1.       Foreclosures are down sharply.
2.       The rise in rents is encouraging buyers to buy real estate.
3.       Demand is starting to outweigh supply.
4.       Homebuilders are starting to come back into the desert.
5.       Lenders are slowly loosening up and lending again.
6.       Real estate tax breaks survived the fiscal cliff.
7.       Complaining about the real estate market is getting old.

  Courtesy of Paul D. Bojic, Esq., Real Estate Attorney