My fellow Realtors and I have noticed a change in the real estate market lately and it’s looking good. I’m attributing it to the lower interest rates, a surplus of homes on the market, and realistic sellers. Currently I have multiple offers on two of my listed properties. I have always heard that when the market turns upward it will happen much more quickly than when it declines. My prediction is that while we ride out all the foreclosures and short sales there will be little appreciation, but I do believe that sales prices are hovering at the bottom.
