Predictions for the Gilbert, Arizona Real Estate Market

2012 Predictions for the Gilbert, Arizona Real Estate Market

Better days ahead for the Gilbert housing market? I think so.

I foresee a few things developing in 2012 that will most likely help our Gilbert residential real estate market finally start moving to recovery mode. I stated in any earlier post that “The Federal Reserve revealed that until 2013 the short-term interest rates will remain right around zero.” I predict that Gilbert Home prices will stabilize and start to rise by the end of the 2012. There’s no doubt the Gilbert housing recovery will be take some time, but I see the turn-around starting already.

Here are a few predictions for the Gilbert, AZ real estate market for 2012:

1. Home sales will be on the rise.

2. An increase in inventory.

3. Distressed properties will make up around half of all sales.

4. A well needed improved short sale process will form to help more home owners avoid foreclosure.

5. Investors will buy 25 percent of homes.

For more information on Gilbert Homes please contact any one of our agents here at Innovative Real Estate Team.

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