Home Prices To See Small But Steady Aprreciation In The Next Few Years

After the recent real estate crash, moving at his pace doesn’t seem so bad.

Wouldn’t it be nice to rise out of this real estate market into a steady and realistic one? Well according to several articles that I’ve read over the last week it seems that most real estate data gathering companies, REALTORS® and other market experts agree that the days of spikes and unrealistic price increases are pretty much over. San Diego’s real estate market, and pretty much California’s and nation’s, saw an increase in demand most attributed to the home tax credits being offered.

Coming out of what could be America’s second worst economic melt down the emerging real estate market will be more closely regulated, monitored and realistically driven. The days of spikes and valleys in the market I believe are done due in part to the lack of financing options and consumers wariness about feeding into crazed markets. Though some will say that the market would have done what it did I cannot but feel that some factors, that contributed greatly to the chaos, were introduced solely for the purpose of profiting with compete disregard of the future.

The one thing that could have a negative impact on this scenario is the possibility of a second dip in the market cause by more foreclosures taking place, the unemployment rate and lack of consumer confidence. Consumers won’t be willing to spend if the faith of their job is uncertain as well as the possibility of the price of goods dropping further. We’ll all have to wait patiently to see if the real estate market can follow a pace that’s good for all parties involved. No matter what the market is doing someone will always have to sell and someone will always buy, let’s just try and have an environment that’s both realistic and fair for all.