Real estate blog entries tagged with 2010 by Jay Burnham - The Coldwell Banker Guy (Coldwell Banker)

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Home : Blogs : Jay Burnham - The Coldwell Banker Guy : Jay's Blog : Tag "2010"

2010: Jay's Annual 10 Predictions for the New Year - 01/02/10 03:37 PM

There are a lot of sighs of relief now that 2009 is past, particularly coming from the real estate industry.But will 2010 be any better?I have just dusted off my crystal ball... and I can now offer my annual 10 predictions for real estate in the coming year:1. The residential housing market will pick up early this year, but will dip again after mid-year.2. Short sales will increase and foreclosure inventory will continue to rise.3. Mortgage rates will rise and settle in around 6%+/-.4. Appraisal guidelines will tighten and mortgage lenders will require stellar credit from buyers.5. A lot of prospective … (7 comments)

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