Property Comments: Buy, Sell, Renovate and Invest

Tips and information on buying, selling, renovating and investing in property and real estate.

Tuesday, December 15, 2009

House Prices 2010 Prediction

What are house prices going to do in 2010? I think they will flatten out, some say they will fall. Interest rates are expected to stay low next year, unemployment are expected to rise, general election, mortgage constraints, imbalanced supply and demand all go in the pot.

If you're selling now, are you going to rent instead of buy? You could make more money with your savings in the bank rather than property. Or wait for a bargain like at renovatealerts.com and sit it out until prices do go up. Mind you, you might be waiting a long time. As the economy does grow there's going to be massive public spending cuts, higher taxes, and with less take home pay and less services people will be reigning in their spending.

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3 Comments:

At 12:40 PM, Anonymous Rent To Own Homes said...

Really an informative blog post, thank you for sharing this information...

 
At 7:45 AM, Anonymous Realtor Advertising said...

Nice predictions...
Thanks for the post..

 
At 8:13 PM, Blogger xaja said...

Predictions are only basis for decisions right?

If you want affordable and elegant houses, why don't you go to Property Sunshine Coast?

Cool right?

CHEERS!!

 

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