Special offer

Predictions For Lincoln's Real Estate Market In 2011

By
Real Estate Agent with RE/MAX Gold

The Lincoln real estate market remains an enigma to some, but big things are likely on the horizon for 2011. Smart home owners will be glad to know that many signs point to Lincoln continuing its recent trend of growth. Even though the national economy has struggled mightily over the same time period and real estate values are declining elsewhere, certain factors have insulated Lincoln from the real estate downturn. Specifically, people seem to have confidence in the city's potential for growth, given its location and the recent expansions that have taken place. When looking to project future real estate trends, it pays to consider these factors. Here are some fearless predictions for the Lincoln market in 2011.



Lincoln's location will help continued growth
One of the best things going for Lincoln homes for sale is location. It is often said that in the world of real estate, location is king. People will pay to be in the right place. Sitting not far from Sacramento, Lincoln has a great location that should equal a great deal of growth for the city. Because there is a demand for homes in nice suburbs of the capital city, the market should continue to grow. The demand currently outpaces the supply, and that is good for overall growth for the market. This factor has helped cushion the city against the effects of the national economic downturn.

Northern expansion will continue to drive the market
Sacramento has been one of the fastest expanding cities in the country, and much of that expansion has taken place to the north of the city. Lincoln is situated perfectly to take advantage of this growth. People continue to move to Lincoln to get away from the city, and the commute is doable for people with city-based jobs. There is nothing to indicate that this will stop in 2011, and all signs point to the growth continuing to some extent. Sacramento continues to provide new jobs for many people in a wide range of sectors, so this expansion is likely to continue.

Housing options will expand in 2011
One of the things that will push Lincoln's real estate market forward in 2011 is the expansion of different housing options. At current standing, Lincoln has a large number of single family residences and this has been a primary option for people moving there. Other options continue to grow in the city as demand for housing increases. More town homes and apartments figure to pop up in 2011 and beyond. As long as demand exists for housing in Lincoln, expanded options will persist.

A Lincoln real estate agent won't struggle to sell in 2011
Homes figure to sell quickly in 2011, as this has been the emerging trend lately. If you are a Lincoln CA real estate agent, then 2011 will be a good year to sell. All signs point to the Lincoln real estate market experiencing growth in the coming year. This will manifest itself both in home price and in quickness of sale. Lincoln homes for sale figure to sell quicker than ever before. Why is this the case? It has to do with the motivated buyers that are moving into the area. People moving to Lincoln want to buy and they need to do it without much delay. This will continue to push the already strong buyer's market in the area.

Overall, Lincoln is a great place to be in 2011 and in the future. There is a reason why Forbes named Lincoln one of its fastest growing cities all throughout the last decade. That will continue for the foreseeable future. For those who believe that all of the real estate growth has run its course and that future growth will focus on other cities, there are signs indicating otherwise. Lincoln still has plenty to offer to those people who need to live around Sacramento, but would rather live in a suburb with great history and excellent schools. These factors play in Lincoln's favor, and they are things that prospective real estate buyers should continue to focus on.

Comments (3)

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Excellent Lincoln market report Patrick!  Expansion is always a good indicator of an upturned market.

Apr 11, 2011 01:27 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Patrick, I just wanted to stop by and let you know about an upcoming AR MeetUp in Roseville:

Sacramento Area ActiveRain MeetUp #3 - Roseville, CA - Friday, 4/20/12 (3pm)

Leilani

Apr 17, 2012 09:16 AM
Patrick Hake
RE/MAX Gold - Auburn, CA
www.PlacerCountyHomesandLand.com

OK,

 

Thanks for the heads up Leilani :)

 

-Patrick

Apr 17, 2012 11:46 PM