Big Canoe, Bent Tree, Ball Ground and Jasper GA Real Estate Shoppers….Optimism is Building
As experts in your local real estate market we are predicting that our market will begin to stabilize, then, very slowly begin to recover.
Why? Buyers are returning, albeit to find really good opportunities, but they are back and they are buying. Moody’s Analytics predicts a 12% increase in existing home sales in 2012, following a 2% increase in 2011. In November, pending home sales reached its highest level in 19 months. This is a strong, positive indicator for future home buying.
Additionally, with mortgage rates at record lows and housing affordability high, about 71 percent of Americans feel now is a good time to purchase a home. They are also optimistic about home prices rising over the next year, with 26 percent saying prices will rise in 2012.
January will turn out to be a fantastic month for our team. This lends strong credibility to the above. If you’re waiting, don’t wait too long!
