Has the national real Estate market hit bottom?
Good Monday Morning!
Well, here we are it is 2010! The Holidays have past us by and now it is time to get back to the norm. I wish you a prosperous and healthy New Year!
Across the nation indications are leaning towards the fact that maybe the housing market has either bottomed out or is near the bottom. Even if this is true, we have no idea how long it will hang at the bottom. Also, remember that the current tightening of the belt by lenders is going to keep the housing market from making any large leaps upwards any time soon. My guess is that we may be near the bottom in our local area, but current economic conditions such as employment could have more of an effect than most realize. If we are close to the bottom, don't look for a sudden rebound. Chances are that it will take much longer to get back to a more normal housing market than it did to get to where we are today. With that thought, the market is the market and there are certainly many opportunities that present themselves now that we did not have during the markets glory days.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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2967 Wolf Meadows Lane
Beautiful & immaculate, 2-level home featuring a grand entrance, vaulted living room, formal dining w/ Frnch doors, spacious kitchen w/ granite counters & tile floors, cozy family room and a well-landscaped, fenced backyard w/ large deck. This home ...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
