Yesterday I blabbered on and on about how glad I was to see the end of 2008 and that I was looking forward to 2009. Here's what I hope we'll see happen in 2009 related to real estate.
- Foreclosures will slow back to normal rates.
- The job market will recover and the economy will settle down to renew buyer confidence.
- Buyers will realize that interest rates are now phenomenal – coupled with great housing prices – and they'll return to the market.
- Investors will buy and restore homes in stigmatized neighborhoods, the resell rather than just renting.
- Agents who are only part-time or doing very little business will retire their licenses to allow full-time agents the chance to rebuild a strong reputation as people who work for clients exclusively – not just for a buck here and there.
- Desperate markets like in Florida, California, Michigan, Nevada will rebound in time to save the homes and pride of several thousand families.
- Interest rates will remain below 6 percent in order to maintain the market attraction for buyers.
- Appraisers will continue to proceed fairy and honestly.
- Home inspectors will also make integrity the cornerstone of their business and not try to simply scare and scar buyers from the process.
- Lenders will treat buyers the way they would want to be treated.
I hope your 2009 is amazing, prosperous, and filled with laughter, good investments, and love.
Technorati Tags: 2009, happy new year, predictions for 2009, welcome 2009

