Welcome to 2011! The New Year comes with some encouraging news about the economy and in particular our segment of the economic outlook. Recently we discussed what people thought about the housing market for 2011. We some news bears out what many of people think
-Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of Realtors®.
Also the comments continue to come in from our posts last week.
From Westchester County NY
December ended up being busy in Westchester, NY. Feel that market is now on an upswing and you will start seeing real estate go up for 2011.
From NC
Jan - very similar here in the "Triangle" area of North Carolina (Raleigh, Durham & Chapel Hill) and I do feel confident 2011 will be a better market. I am aware of a lot of people planning to list in the Spring so likley to increase inventory and keep it a Buyers' Market for most of the year. Have a great New Yea
from Nebraska
The 4th quarter of 2010 has been slow and values have declined. I think so much activity had taken place with buyers taking advantage of the tax credit. I feel good about 2011. I think the activity will pick up. Happy sel
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