2012 is the year of rebound for real estate...
"It has become increasingly apparent to us that the pieces for a housing rebound next year are beginning to fall into place," declared Barclays Capital analyst Stephen Kim in a recent note to investors.
"With the exception of really hard-hit markets, the vast majority is ready to turn around," adds Jerry Howard, president and CEO of the National Association of Home Builders, NAHB.
"We believe there is sizable housing demand that could be released into the market," says Lawrence Yun, chief economist of the National Association of Realtors, NAR.
I know by talking to many other Realtors that I'm not alone in feeling the boost of interest and seeing the increased number of buyers that are coming to open houses and responding to ads.
It seems like people in some areas believe that we have hit bottom and now is the time to buy and invest in real estate again. I think they are right!
Ca. Lic. 01127504
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