Real Estate Outlook Not Getting Better Heading Into 2011
Homes' overall value seems to be on a steady decline with no signs of bottoming out any time soon–especially not in 2011.
What is the true value of real estate, and how do you know what your house is really worth? More importantly, is the value of real estate going up or down right now? Coming to terms with the current real estate market can prove difficult for many people. The overall value of our homes seems to be on a steady decline with no signs of reaching bottom any time soon, especially not in the year 2011, with so many potential problems still looming. National issues that have largely impacted the real estate market in a negative manner, such as foreclosures, strategic defaults, and tighter lending standards, will remain a threat in 2011 and beyond. Interest rates and taxes also present a threat. Should they start to rise, the real estate market …
Toni Murphy
10:17 pm on Wednesday, April 20, 2011
Home prices are very low as are the interest rates. To see all listingsin Galloway and Atlantic County go to www.BuyOrSellNJ.com or call Antoinette "Toni" Murphy of RE/MAX Atlantic with any real estate related question. more ›