What's next in real estate?

Real Estate Agent with LONG and FOSTER REAL ESTATE, INC.

Where do we go from here?   Mortgage rates are still at all time lows, but there seems to be some question if buyers are willing to act at the present time. They may be choosing to wait to make their move since prices are still dropping in many areas.  The April 30 deadline expiring for buyers to qualify for the Federal Tax Credit certainly has an impact.  The Spring market is quickly drawing to a close and seems to be better than last year, but maybe not as productive as many Realtors would like it to have been. Sure we have some time left, but it remains to be seen how good of a market it will really have been.  Hopefully will we see an increase in activity before we hit the "Dog Days"  of Summer.  Rich Salla, GRI

Comments (5)

Amy Prumo
Coldwell Banker Schmitt Real Estate Co. - Marathon, FL

I hope so too!!!  Its been a rough year.

May 20, 2010 01:22 AM
Pat O'Reilly
RE/MAX..214-289-6176 Irving and all of Dallas Fort Worth - Irving, TX

Seems to be picking up in Dallas Fort Worth. Let's hope we keep rolling!!

May 20, 2010 01:24 AM
Paula McDonald, Ph.D.
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

Truly looking forward to seeing things improve and remain steady.

May 20, 2010 01:25 AM
Dave Edwards
Dave Edwards Realty - Greenville, SC

It will continue to be a difficult market even w/ low interest rates, etc. However, it is a good time to try and build your market share.

May 20, 2010 01:31 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

I think things are improving; however still about twelve to eighteen months to go.

May 20, 2010 01:46 AM