A Bottom of the American Real Estate Market
American real estate agents expect the US real estate market to be largely flat from 2011 to 2012. Real estate agents predict that real estate values will be flat from 2011 to 2012, signaling a bottom to the real estate market or the end of the real estate bubble. Given historically low interest rates as well as a bottoming of real estate values, real estate agents expect that the number of real estate transactions and new construction starts will increase slightly in 2012. Additionally, real estate agents believe local economies are on the mend and we will see improvements in the economy.
Posted on February 24, 2012, in Market Conditions and tagged Business, Business and Economy, National Association of Realtors, Real estate, Real estate broker, United States. Bookmark the permalink. 1 Comment.