House Prices in 2011
3 January 2011
No Comment
Are house prices going up in 2011?
House prices vary by region, but in south Florida, most indicators suggest that house prices will be weak and may even fall further in 2011.
Distressed sales nationally make up more than 30 percent of all sales and in south Florida it is even higher. This weakens house prices further.
Bank foreclosures which were halted for several months at the end of 2010 will be back at full steam in 2010 which will also drive down house prices.
With house prices at 2003 levels, it is a great time to buy property.
Leave your response!
You must be logged in to post a comment.