Although some areas in Thurston County were popular destinations for buyers last year, this year will be a year of transition for Washington’s housing market. Depending on the pace of economic recovery and the future of some areas of the economy that still need to begin improving, some economists expect that the residential housing market will improve in 2011. Although there are high hopes for improvement in residential real estate, there are predictions that it could take until 2012 for the commercial real estate market to improve.
Posts Tagged ‘economy’
The Real estate market is competitive. With the recent downfall in the economy, an increase in the number of houses and properties up for sale was witnessed by the country. But the economy is starting to recover.
In today’s tumultuous economy, it’s no surprise that there are foreclosure properties to be found in just about every community across America. While a terrible hardship for homeowners to endure, foreclosures can present a unique opportunity for first-time home buyers and investors to purchase a “bargain-priced” home. But does that mean they are the right [...]
Is It More Economical to Buy or Rent a Home?
If you are a first time home buyer in this economy, you may be stuck in a quandary. With a depressed real estate market, is it better to rent or own a home? Before you make this important choice, there are a few factors you should consider. After going over these points, you should be [...]
Innovate Quickly Or Die! In Real Estate?
The economy is moving fast. And it’s not just about competing with people in your town or region; now the competition is global.
