How is our real estate market this year? This is a questions many are asking themselves of friends in the real estate business. And more and more are going to ask this question as our economy is not growing and reshaping at the rate we need and jobs are just as hard to come about as it was last year. More and more people are saddened to find out their b
iggest life asset is depreciating each day and there is no end in site. Take all that and add the fact that banks are still in a stand still mode when it comes to consumer lending and you’re just not gonna find good conditions for an upturn in the real estate market. But just how bad is it?
National Summary (U.S.)
After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved in 2009, according to the National Association of REALTORS®.
» Read more: Real Estate Market Conditions for First Month of 2010






