ActiveRain Members Loudly Proclaim: Real Estate Market Is Back!!

Reblogger
Real Estate Agent with Keller Williams Southern Az SA629725000

There is no question that Real Estate is back and looking for a good rebound.  Borrowing costs and affordability are still at record levels, invetories have diminished, there are now more buyers than sellers.  Prices are starting to go up and that will bring back more inventory.  Unemployment is going down, stock market is going up, buying is going up, so all the signs are pointing to a positive rebound.

Original content by ActiveRain Real Estate Network

You're Getting Good at This

For the second year in a row, the ActiveRain community has put their collective knowledge to the test in order to predict how the real estate market will play out in the coming year. Last year, as a group, we collectively called the bottom of the market. All signs would suggest we nailed it!

This year, 2400 of you responded to the survey ActiveRain offered asking you what you expected real estate in your area to do in 2013. 84% of you expect real estate values and the number of transactions will increase in 2013. This number is staggering in many ways. I can't think of one thing where you would get this much agreement when taking the tempature of 2400 members of the real estate community.

Bullish on 2013

Last year, our members predicted that 1/3 of the markets in the country would see price declines. This year? Not a single market! As a group, our members expect every single major market in the US to see price increases in 2013. If you guys were a bull on the housing market, you would be Paul Bunyan's OX, babe.

Below is the infographic we put together based on the data from the survey. If you'd like the full report you can head over to RealEstate.com and get all the juicy details.

We would love if you would share this infographic in your blog. The national media has been jumping all over the doom and gloom of the real estate market for the last five (or has it been longer?) years. It's our responsibility as content creators to trumpet the return of the market.

This is Great News, Share It!

To that end, on Friday, March 22nd at 10am Pacific Time we are going to host a webinar that focuses on how to share this kind of real estate news with your sphere. How can you take advantage of all the great real estate news you are predicting will be headed our way in the foreseeable future? We'll talk about that if you'd like to join us. Click this link to get signed up for the webinar.

Enough about all that, here's the pretty pictures.......and for you data geeks, here's the more thorough breakdown.

 

ActiveRain Real Estate is Back Infographic

(Click above for high resolution image)

 

In order to share this infographic on your blog you can use this piece of HTML code:

http://activerain.com/real-estate-is-back">http://activerain.com/pdf/RealEstateIsBack_bright_mm_600px.jpg" alt="" width="450" height="1200" />


Data provided by http://activerain.com/real-estate-is-back">

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Comments (8)

Jean Hanley
Coldwell Banker Kivett Teeters - Hemet, CA
Specializing in Folks Who Want To Buy/Sell Homes

Yes it IS back, and my oh my aren't we happy about that?!?!?!?  It's about time.  We are seeing mostly standard sales, with some short sale activity and very very little REO activity.

Mar 12, 2013 10:33 AM
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Ric,

AR is always on top of the market and coming forth with great information.

Mar 31, 2013 09:26 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Ric - Our real estate market in Wellington Florida is definitely back.

May 31, 2013 12:03 PM
Ric Mills
Keller Williams Southern Az - Tucson, AZ
Integrity, Honesty, and Vast Real Estate Knowledge

Here in the West it is really more of a SHIFT.  We still have a lot of Short Sales, fewer REO's, and WAY less inventory.  It is now shifted to a seller's amrket and multiple offers rule.  You have to move very fast to get a home under $200K and in many cases make an offer site unseen.  The investors are really jumping on $150K or less and that makes that market VERY tight.  We are Back, but it really is a SHIFT in tactics for us.

Jun 01, 2013 02:57 AM
Larry Lawfer
YourStories Realty Group powered by Castles Unlimited® - Newton, MA
"I listen for a living." It's all about you.

We in the Northeast of the US around Boston way saw this happening at the beginning of this year and suffered through a crunch of activity like we haven't seen in a while in April, May and June. With the lack of inventory and the crush of buyers right now things are still good, but more complicated.  I love an up market

Sep 16, 2013 10:43 AM
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ
Broker/Owner

GOOD MORNING RIC -- I think it is too - and glad to see Arizona on this map!

Jan 13, 2014 07:57 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Ric - Yep, I think the real estate market is back in most markets, I know it is in mine.

Jan 26, 2014 10:07 AM
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Ric, well this comment comes a little over a year from when you posted this, but yes the market continues to gain ground.  2013 was a great year and 2014 is on track to follow the same path.

Jul 24, 2014 08:33 AM