HAPPY NEW YEAR-WHAT’S AHEAD IN 2010?

I don’t know about you, but I’m glad to see

2009 come to an end.  My family and I have not been immune to the affects of the downturn in the economy.  While my real estate has been my best year yet, my husband’s business definitely saw a tremendous downturn.  We’re hoping that the new “streamlined” attitude within his office and our home will help us to get a better handle on our finances for 2010.

The real estate market will be a buyer’s market for the foreseeable future.  I don’t see the foreclosures and/or short sales ending any time soon.  I will be increasing my knowledge in the short sale process and my brokerage will be marketing to short sale properties within Scottsdale.  I typically steer my buyers away from short sales, but sometimes those are the only properties that are affordable — especially with my first time buyers.

If you’re fence sitting at all perhaps you should take the plunge.  From all indications we could see interest rates inching up by the end of the year.  The way the government is spending money, we are in for a tremendous period of inflation and it’s only a matter of time….