Well if November, December, and the first several days of "Twenty-11" are any indication, then we will see some steady progress in market recovery this year.
2010 brought us a strong start right up through the tax credit, then things dropped off significantly.
Twenty-11 will be interesting to see how thing unfold with consumer confidence, mortgage rates, and continued increases in foreclosured homes coming on to the market. Many don't realize that there is a significant number of foreclosed homes that are not "on the market" at this time. Like a damn releasing water, how they release these foreclosed homes on the market will impact everyone.
We are fortunate enough to live in an area that sees very low numbers of short sales, foreclosures, and bank owned homes in comparisons to other parts of the nation...BUT we are not immune, so plan according.
The saying holds true...
"Those who fail to plan....Plan to Fail"
Don't be one of "Those People" ...give me a call or drop me a line if you'd like some help in your plan for success.
Cheers to a fantastic New Year
~Sean
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