WHAT IS COMING FOR THE REAL ESTATE MARKET IN ’07 ?
Most of us are wondering what is coming for 2007 in the real estate market. My team has several clients ready to begin their buying / selling process this spring. That is a good sign for real estate. How long will the spring moving push last and how strong will it be?
Below is a link to an article exploring market impacts and expectations. Very interesting reading. Remember though the author’s insights relate to our country wide market. Experience has shown that the Columbus real estate market often performs better than the national market. That is, when the national market is depressed, our market remains solid. When the national market is strong, Columbus can be more robust. We don’t see extreme swings in value / appreciation / price changes, but we do see a consistent steady growth.
You can be sure that this time next year I can tell you exactly what the 2007 Columbus market has done. Till then, forecasting is an enjoyable past time.
What Will FED's Decision To Leave Rates Alone Do To Housing?by Blanche Evans
If homebuyers are hoping for another interest rate windfall before they step in to relieve swollen inventories of new and existing homes, they may be waiting too long.
Read the entire article at:
http://realtytimes.com/rtapages/20061218_fedrates.htm
Jim Lubinsky
Re/Max Affiliates
614-766-5330 ext 119
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