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(English) 5 Real Estate Trends to Look For in 2012

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13 comentarios
  1. Konorthmore
    Konorthmore Dice:

    Wow! I will surely look forward to these trend prediction of your for 2012. And my fingers are crossed that home buyers will have their great come back this year. I hope they realize soon that this can be the perfect time for them to invest in real estate property. Let’s just hope that the economy will continue to strengthen so the consumer’ confidence will boost, as well.

    Responder
    • Anónimo
      Anónimo Dice:

      Hi Jim,

      There is currently a Supreme Court case in New Jersey which is about to be decided. The case will help define the proper process for foreclosures. Once that case is settled, the banks will have a blueprint for moving forward. The case should be decided within the next 60 days.

      Regarding delinquency rates, they are down in most of the country meaning there will be less foreclosures in the future. The current concern however is the amount of shadow inventory already in the pipeline. In both NY and NJ the supply is over 50 months.

      As soon as we hear about any changes in NJ we will alert the NJ KCM members. Prepare your sellers that this inventory will be coming in the first quarter of 2012. We can’t be any more specific than that.

      Responder
  2. Michael Iossa
    Michael Iossa Dice:

    I think the predictions are right on the money. Buyers will be back in the market this spring and sellers will too. There’s an abundance of sellers who have held off putting their property on the market over the past few years until they «feel» that the market has stabilized. The addition of these properties will keep prices at current levels or even decline in certain areas.

    Responder
  3. Patti Irwin
    Patti Irwin Dice:

    In Fountain Hills and Scottsdale AZ, the good homes are snatched up fast, just have to be priced right and in good shape. Unfortunately too many sellers are having a hard time adjusting to the current market and price their homes to high and then they sit. You are right about great agents needing to keep on top of the market and roll with the punches…the great agents are still making lots of money right now..

    Responder

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