May
2
2012
National And Orlando Real
Author: Ivan
2011 National and Orlando Real Estate Forecasts
From national and Orlando real estate to the U.S. economy, the predictions for 2011 are in. Like any predictions, they vary from gloomy to cheery. Overall, the U.S. forecasts for national and Orlando real estate are more positive than negative for 2011.
1. Real Estate Economy Watch predicts: People are interested in buying a foreclosure. Nearly half (49 percent) of U.S. adults are at least somewhat likely to consider purchasing a foreclosed property, up from 45 percent in May, 2010. Despite the rising interest in buying a foreclosed home, an increasing number of U.S. adults also recognize negative aspects to buying a foreclosure.
2. Bill Redfern, CEO of A Buyer’s Choice Home Inspections says: Presale inspections are on the rise. Sellers, and particularly banks, have become far more interested than in the past in having presale inspections conducted to help attract buyers.
This business, which helped sustain inspectors during the downturn, is expected to grow in 2011 even as regular inspections come back. I might be optimistic, but I think in five to 10 years every listing coming to market will have a presale inspection done.
3. The National Association of REALTORS
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