Tempe Foreclosures
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January 02, 2011
real estate
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Tags: az, foreclosure, homes, mesa,, scottsdale, tempe foreclosures
Mixed Signals Regarding The Real Estate Market
Expect mixed signals and uncertainty to continue through 2011. Although strong price corrections have already occurred, the real estate market may not yet have hit bottom. Home prices and mortgage rates are expected to remain low throughout 2011. A lot depends on the job sector. The unemployed don’t buy homes.
A few years ago, a booming market was a seller’s market. Buyers were plentiful, the competition driving home prices upward. This led to speculators buying homes for the sole purpose of selling them six to twelve months … Continue Reading
