The word is out, the housing recovery is on. Many folks are saying credit is loosing up, prices are still down, and the interest rate is low. Should we think real estate is going to surge? (click here) What I can say in my market, in my opinion, the rush is on! Folks are feeling more confident, the job market is recovering, and more activity is going on now then in the last two years! Buyers are moving fast, reducing the number of houses shown before a purchase agreetment from 50 to maybe 15. That is a strong indicator that buyers are seeing value, and making a move. Short sales have increased slightly, but the banks are working hard to get them done. I couldn't say that two years ago, but recently I have closed three in good order. I will continue to follow that trend as the year goes on. Foreclosures are down, slowing down and recently the goverment is close to making a deal with the major banks on the robo signing cases, and the banks agreed to some conssions I didn't think they would. Some write downs, possable returning some lost funds to homeowners who were wrongly foreclosed on. (click here) I think the season will start off with a bang! Lets see where we go from here, but in an election year everyone is all ways a little more upbeat! I feel good, don't you? I'm revamping my website in the next few weeks, you can always follow my thoughts on Twitter, find me on Facebook, and follow me on Foresqure. Click on my BioBlast to see a snap shot of who I am.
