What does the 2011 Real Estate Market Hold For Us?
No one knows for sure what next year holds when it comes to the real estate market. I’ve told my clients that this (2010) was a great time to sell because of the government incentives for buyers. Now those are gone and for the first time in a long time there are some reports that are being published that now indicate that prices have begun to fall.
Here’s an article from the O.C. Register by Jon Lansner entitled “More evidence O.C. home values falling again”.
If you are a homeowner and have been holding out for higher prices, you may have missed the opportunity for now. I predict that many homes will come on the market in early 2011 and with increased supply and weakening buyer demand prices will stay flat at best.
If you’d like to find out how Prudential and the Aaron Zapata Real Estate Group can maximize your home’s value, contact us today for a professional presentation of all of our services.