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Housing Market Crystal Ball

Housing Market Crystal BallCrystal Ball

  • January always is the slowest month for residential sales, so seasonal uptick starting now that February is here.
  • Refi boom to continue through first half of 2009.
  • Construction to remain sluggish until summer.
  • Building rebound date dependent on each neighborhood's supply/demand.
  • Obama's "economic stimulus" to positively impact spring market.
  • Inflationary pressures toward the end of 2009 will make real estate in stable markets like DFW an excellent investment.
  • As "certainty" (from federal bailouts, interest rates, job security, inauguration, etc.) returns over the coming months, DFW residential market is poised to rebound in the spring of 2009.
  • National market will not rebound until 2010.

*Source: David & Britt Fair, Hexter-Fair Title Company

lmo

For more information please contact Lara O'Keefe at 972.838.9156 or visit Hunter's Creek.

Posted Thursday Feb 12