Real Estate for 2011

Well the first month of 2011 is now over and it appears that the economy is looking promising but we still have to be careful. Interest rates have increased slightly in the last quarter of 2010 and seem to holding tight so far in 2011. Its still a buyers market out there but I feel the stigma of the HST is now over. Although we are in mid winter there is still lots of action on our listed properties and I believe that will increase as the perennials start to pop up in spring. Lots of the investments in markets that people watched drop have now recovered or very close to their values of 3 years ago. That coupled with the continuing low interest rates should help 2011 be a good year for real estate.

Vincent Johnston

Vincent Johnston

Sales Representative
CENTURY 21 Eady Realty Inc., Brokerage*
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