Is it too soon to evaluate the 2012 housing market? How about the economy? Signs are pointing to … up. WAIT! Don’t stop reading just because you don’t agree! Did I mention? After the holidays, keyword after, the movie lines were all the way across the parking lot. The wait to be seated at CPK for dinner was 20 minutes and that was before 6 pm!
I believe there is a willingness for people to go back out and spend again. They got a taste of it during the holidays and it didn’t stop afterward. Yes, some businesses are laying off … many are hiring. And, several are hiring in large numbers. Don’t get me wrong. It’s definitely still a mixed bag – 2 steps forward 1 step back. but that’s better than the other way around.
What does this have to do with the housing market? Lots. Unfortunately, for the consumer, what is one’s politics determines how one feels about the economy. Also, it determines one’s outlook on life.
I’ve said it before and I’m sure I’ll say it again – you must be in the middle of it to know exactly what is going on. This is the time of year in the normal ebbs and flows where real estate begins to pick up. If my readers/clients insist on reading other people’s projections, make certain who you are listening to and that they are not just saying what you want to hear because they’re matching your own belief system. In other words — know your source! Is the writer really in the field and literally out there working with Buyer’s and Seller’s all over Orange County, California? The fact is, what I’m saying won’t be the case everywhere; and this is why you need your Realtor; but, here goes:
This is what I’m already seeing this year:
- Inventory is down. Check!
- Buyers are out there. Check!
- Interest rates are low. Check!
- Pricing is down. Check!
- Multiple offers abound. Check!
- People are tired of waiting. Check!
Sounds to me like a comeback…
If you agree; and you’re ready to begin working toward either a sale or a purchase of Real Estate, visit my website by clicking here!
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