Holiday Update
Well it is getting to be that time of year again. Christmas cards have been all sent out. If you would like to be added to the list, please let me know. With the end of the year, comes a lot of changes.
According to Inman News,
Foreclosures are one of the factors putting brakes on a housing market recovery. According to NAR, distressed sales accounted for 34 percent of homes sold in August, up from 32 percent in July and 31 percent in August 2009. Foreclosures will continue to impact the housing market in 2011.
Check out the full article here: Inman.com
Hopefully a new market will open up as new buyers and sellers decide to make a move once the holidays are over.
Many economists disagree over whether or not the market will rebound in 2011. I guess we will have to wait and see.
I hope everyone has a Merry Christmas and a Happy New Year!
