Happy New Year everyone! With the new year comes many questions about what is in store with the housing and real estate market. Tony Hunthausen talks about the outlook for 2010 and what looks to be a big year depending on what happens with interest rates, the Federal Reserve and the National Debt.
This time last year the United States had an approximate inventory of 1.1 million homes ready to go on the market. This year we approximate 1.7 million of "Shadow Inventory" homes ready to go on the market. This is a 55% increase which potentially means a busy year for the Real Estate Market and first time home buyers...
Remember to call Tony at 714.334.7808 for any questions or advice or go towww.SellingHuntingtonBeach.com to learn more!
Happy New Year Everyone!
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