American Realty of Dubuque, Inc.

ARE YOU LOOKING FOR SOME REASONS TO LOOK FORWARD TO 2013??

 

 

1.  Most people are quite optimistic about home values going up - they are not going to shoot up but I believe there will be positive movement.

 

2.  There should be more new households formed this year.

 

3.  Home buyers seem to have a greater sense of urgency - see # 6 below.

 

4.  Home ownership still remains a goal for members of the "Millennial" generation.

 

5.  Foreclosures look like they may fall to pre-housing-bust levels.



 

6.  Interest rates should remain relatively low during this year -informed home buyers are aware that rates will begin to rise soon.  Many of them want to beat the clock and are earnestly looking for a new place to call home.

 

7.  Loan demand for purchases seems to be on the upswing. 

 

8.  More homeowners seem to think this year will be a good time to sell.

 

9.  The number (and location) of improving housing markets is on the rise.

 

10.  New job opportunities are expected to provide a must-needed boost to the commercial sector. 

12.  As the economy improves and values rise equity will return and fewer home owners will be underwater.

13.  Real estate is contributing to the overall economic recovery.