Real Estate Market Predictions for 2010
05. Dec, 2009 
1 Comment
CNBC reporter, Diana Olick just released her real estate predictions for 2010.
Highlights:
- More foreclosures
- Possible recovery in 2010 back half
- Commercial defaults will increase (yay!)
- 30 year rates will increase
Commercial investing has been my thing for several years now. Are you coming over to commercial in 2010?
I’d be more optimistic if the global economy was doing fine and we are free and clear of a recession, but that is far from the case. If you look at historical pricing you’ll find there is the occasional boom followed by years of flat price growth or slight price decreases.