{"id":277,"date":"2012-01-27T19:18:14","date_gmt":"2012-01-27T19:18:14","guid":{"rendered":"http:\/\/riverbankfinance.com\/blog\/?p=277"},"modified":"2012-01-27T19:18:14","modified_gmt":"2012-01-27T19:18:14","slug":"national-housing-market-status","status":"publish","type":"post","link":"https:\/\/riverbankfinance.com\/blog\/national-housing-market-status\/","title":{"rendered":"National Housing Market Status"},"content":{"rendered":"

\"Current<\/a>Home many times have you heard on the news or read in the paper of the past five years how the housing market is struggling?\u00a0 How many times have you joked with friends and family about the market when inside you\u2019ve though how dark of a time the market is in?\u00a0 Now yes, the housing market has definitely seen brighter days in the past.\u00a0 There are those who have said the markets will never recover to the point they were once at before.\u00a0 If the history of the housing market is any indication though, things will not only return too normal but they\u2019ll surpass the previous high-points.<\/p>\n

A company named CoreLogic<\/em> conducts a thorough market search to give an idea of what the housing market will look-like in the near future.\u00a0 Their most recent report, released Wednesday, January 25th<\/sup>.\u00a0 The report states that 2012 will be the beginning of a turnaround for the market.\u00a0 It\u2019s estimated that home sales will improve 2-to-5 percent, year-over-year.\u00a0 Now yes these aren\u2019t massive changes in numbers but it\u2019s definitely positive news that we haven\u2019t seen\/heard in a long time.<\/p>\n

What made this happen though?\u00a0 What\u2019s making the housing market re-heal essentially?\u00a0 Well in a nutshell, it was the struggling economy that has begun to reshape the housing market.\u00a0 Really this all started with low prices for random everyday goods.\u00a0 The economy crashes, which causes people to hold onto their money.\u00a0 When people hold onto their money, prices drop because companies aren\u2019t making sales.\u00a0 Prices eventually fall so-low that people slowly begin spending again.\u00a0 With this extra spending, and in-large part due to the record setting Holiday Season we had, people began gaining confidence.\u00a0 That is, confidence in the economy.\u00a0 As more money s fed back into the economy we see all markets begin to improve.\u00a0 Which means the housing market will begin to improve as well.\u00a0 With people now back in \u201cspending\u201d moods, we\u2019ll see many take advantage of extremely low home-prices and mortgage rates.<\/p>\n

It\u2019s weird how things work though isn\u2019t it?\u00a0 We start with a moment many economists believed we would encounter a greater hardship than we did in the Great Depression.\u00a0 So because of these types of statements, it put fear into many American hearts.\u00a0 Now flash-forward barely one-year and were seeing things begin to improve. \u00a0We live in a strange-strange world, which can be quite daunting at times especially when you\u2019re attempting to enter the housing market for the first or even third time.\u00a0 So if you\u2019re one of the people planning on venturing into the housing market, you should first contact us to be your guide in a sense to get things started.\u00a0 We\u2019re available by phone at 1-800-555-2098<\/strong> or you can fill out the email form below.<\/p>\n

Help finding your way in today’s market?<\/h2>\n\n
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