Even the news media agrees!To all:I am seeing more articles in the news about how the National Housing Market has bottomed out and that 2012 will be a turnaround year.As I always say, all real estate is local, but national trends are important, because they have a profound impact on the economic recovery of our nation. While some areas are still struggling, others are starting to really recover, and the rest are returning to equilibrium. The bottom line is that foreclosures are down, the rush of sellers' trying to put their homes on the market "before things get worse" has slowed, and as a result unsold inventory levels are dropping, and an increased number of "well priced" homes are getting sold! All those are signs that more and more areas of the country are experiencing an overall return to normalcy in the housing market.A slow and steady recovery, with very modest price inflation and a return to some annual increases in home equity, will all bode well for the national as well as local economies.I am looking forward to 2012 being the year that things really start to get better in the housing market!If you want to find out more about the real estate market in your local area, ask a Realtor today.Larry Mraz**************************************************If you need help in selling or buying a home, or have any other questions, please give me a call or email me. Lawrence T. Mraz, Realtor®-Associate, Prudential NJ Properties, Metuchen Office, Phone: 732-494-7677 ext.339, or email Larry.Mraz@PrudentialNewJersey.com Larry Mraz cell phone: (732) 715-5849 (cell) Or visit my web site at www.PrudentialNewJersey.com/Larry.Mraz
Posted by
Lawrence T. Mraz
@ 12:00 AM
on 01/15/2012
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