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13 Positives in 2013
January 2nd, 2013 8:55 AM

When looking back on 2012 in real estate, it may be viewed as the first year of an actual recovery, when the market finally moved forward in a positive direction.  Here are 13 reasons, courtesy of REALTOR Magazine's online news, why real estate will be much better this year:

1.  There's greater optimism about increasing home values.

2.  More new households are forming.

3. Home shoppers are feeling a sense of urgency due to low inventory.

4.  Home ownership remains a goal.

5.  Foreclosure starts are falling to pre-housing-bust levels.

6.  Interest rates should remain low through this year's selling season.

7.  Loan demand for home purchases is climbing.

8.  More Americans believe it is a good time to sell.

9.  The number of improving housing markets is going up.

10.  Job creation is expected to provide a much-needed boost to the commerical sector.

11.  Housing starts are picking up as builder confidence increases.

12.  As housing values rise and equity returns, fewer home owners are underwater.

13.  Real estate is contributing to an overall economic recovery.

2013 will still hold some good bargains for those who want to buy; and sellers will be able to regain some value to their homes as they sell for higher prices.  It should be the year we completely "turn the corner" so don't hesitate to get in the game. 

 


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Posted by Barbara Doeringer on January 2nd, 2013 8:55 AMPost a Comment

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