Sunday, December 21, 2008

Two Opposing Forces!

I'm predicting January to be pretty healthy, only because now that interest rates have dropped there will be more buyers coming off of the fence, and with December being a low point for housing inventory, the more listings that come online in January the better. So I think you have two opposing forces right now; buyers getting interested in buying, but inventory being low due to the time of year and the market in general. Houses that get listed in January might not last very long! Unfortunately jumbo rates haven't come down at all, so that doesn't help the high end of the market, which in my opinion is pretty bleak like other price points.




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