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The Real Estate Market: Where is it going?

In a market that changes almost weekly, Real Estate in 2010, looks like a good bet to bounce back slightly as housing inventories remain relatively low. The big question remains: what about the banks’ shadow inventory? 

With over a million homes being held by banks throughout the country, will the banks release a foreclosure tsunami or will they dole out REOs more judiciously than the last time around? Only time will tell. Word on the street has it that we may be seeing a fresh batch of foreclosures as early as the first week of February and into March, April and May. What will this do to the existing market? Stay tuned…

Posted in Real Estate Tips, Tips on Real Estate.

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