«
»

6 housing trends in a still-shaky market


It seems that the trend down for home values is coming to an end. After a bumpy ride down, which began nationally in 2006, the residential real estate market is showing increasing signs of stabilizing. According to Fiserv and Moody’s Economy.com, some parts of the country will even see prices increasing slightly in the next twelve months.

As we head into this calmer market, CNNMoney.com is offering a deeper look in to what will shape the housing market in the coming months. An interesting and detailed review, this article provides worthwhile info for home owners, buyers and sellers.

Six Housing Trends

  1. Distressed properties will keep prices under pressure.
  2. Big homes are lagging small ones in the recovery.
  3. Mortgage rates will rise as Uncle Sam exits the market.
  4. Financing for condos, second homes, and jumbo loans are especially tough to get.
  5. Buyers, rushing to beat the tax-credit deadline, will set off a flurry of spring deals.
  6. Going green this year can save you more money.

See the entire article at CNNMoney.com
  • Share/Bookmark

,

This entry was posted on March 24, 2010, 5:25 am and is filed under Real Estate. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

Comments are closed.