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The Tallest Realtor in Town

Hill Country and Highland Lakes Real Estate Blog by Jeff Spears, 6 ' 7" Tall.
Predictions for 2010

Please know these are purely my opinion.

2010 will see a steady, but very slow recovery in the housing market.  We will continue to see above average foreclosures, but new home starts and resales should remain at or a little above 2009 levels.

I predict existing home resales will also see a slight uptick.

Interest rates will slowly rise, but remain at historically low levels and offer thousands in finance savings.

The best deals regarding price and interest rates will be in the first half of 2010.

The buyer's market will remain in place throughout 2010, with sellers gaining some momentum towards recovery.

Financing will remain tight and continue to require significant down payments.  Appraisals will be strict in light of the recent past.

It will be a great time to buy and advantageous to sell depending on your situation.

Working with a qualified and well-informed real estate agent will be as important as ever given these challenges.

Posted: Saturday, January 02, 2010 11:21 AM by Jeff Spears

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