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December 9, 2014

Coasting to Real Estate Success

by terresteinbeck RODEO REALTY

Terre Steinbeck Beverly Hills real estate

If you’re buying or selling real estate in Los Angeles, San Francisco, or The Big Apple, count yourselves lucky. Extremely lucky. The market is bouncing back nicely in those bustling coastal vicinities. Unfortunately, the same upbeat headlines are not making the news in most of the remaining portions of the U.S. In fact, the vast majority of the country can, at best, expectmixed results in 2013. Looming on the horizon of this widespread area are: a rising number of foreclosures, microscopic advances in home prices, further regulation, and basement-level interest rates.

Of course, the gray clouds hanging over the real estate market are dissipating nationwide. But at a snail’s pace.  The reason for the sluggish advance?  Numero uno is fear. Understandably, many people are afraid that ongoing governmental disagreements will trigger another phase of economic slippage. That, in turn, would knock the crawling real estate market well back…

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