Top 10 Housing Predictions for 2013

Our RE/MAX co-founder, Dave Liniger shares his  Top 10 Housing Predictions for 2013 in this video.  

Dave is very optimistic about the 2013 Housing market, and so am I! He describes how a combination of pent up demand, the higher costs to rent, low mortgage rates, fewer distressed properties and a number of other market conditions will factor into making this a very successful year for real estate.

One of the interesting points he talks about is how buyers will once again return to purchasing new construction because they are getting out-bid by investors.  Since part of my business is servicing lenders & servicers to sell their REO inventory, I have investors calling me around the clock looking for deals.  When I put an REO property on the market priced appropriately, I receive multiple offers. Previously these homes would have been overlooked by investors due to the amount of work they need, or the extreme rural locations some are in - but investors are scrambling to find properties to fix and flip.  These distressed homes have been rehabbed and resold to buyers who could only qualify for FHA loans. These properties would never have qualified under the FHA Property Guidelines in their distressed conditions, but after the renovations, owner occupants are able to purchase them at a reasonable cost for like-new conditions.

Our team is ready to help you buy or sell your home or investment property in 2013. We've survived the rough ride and we're looking forward to helping you on the upswing.  You can reach us by calling 978-935-9668 or www.ChristinaLazrak.com  Our members are licensed in Massachusetts & New Hampshire, however if you need a referral to an agent in your area, we'd be happy to refer you to a well qualified and experienced agent.