Based on activity during the first 90 days of 2010, we're seeing some indicators of a housing market recovery nationally, as buyers have been motivated by the first-time buyer tax credit, low interest rates and low prices," said Leslie Tyler, vice president and chief home hunter for ZipRealty. "While the first-time and move up buyer tax credits expire at the end of this month, new short sale regulations may mean more home listings will be available for buyers who are still hoping to take advantage of lower prices."
"The market is significantly slower than it was 4 to 5 years ago, but it is entering the recovery phase now. Though it will take a long time for prices to recover fully, the recovery period will bring prices back to 2003 levels and people are beginning to realize that now is an incredible time to buy or sell a home."
sources; ziprealty.com and rismedia.com
Go to www.4SailRealty.com for more info or call us at 303-775-4121.
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