TAKE ACTION – MAKE IT HAPPEN in 2012!

There are a lot of predictions flying around in regards to the upcoming 2012 real estate market. I recently read an article from Inman News entitled “4 Predications about the 2012 real estate market” by Tara-Nicholle Nelson. Tara touches on 4 specific predictions that are enlightening but not really a surprise. As the new year begins, many people set goals, make New Year’s resolutions and have great ambitions to lose weight, make more money etc. Out with the old and in with the new. We can each reflect on our past endeavors and learn from them, take these experiences and build on them for future endeavors. With new goals and motivation to have a great year in upcoming real estate market, predictions are that 2012 will hold many opportunities for investors. Tara outlines 4 specific predictions that I’d like to share with you to keep in mind as you look to the new year for real estate.

1. “Even more Foreclosures” – Not a surprise but more opportunities to make money
2. “REO’s and Short Sales will become the new normal” - more opportunities to make money
3. “So-called ‘smart cities’ will do well” – A lot of the hi technology oriented cities ie. Silicon Valley in CA experienced rapid increases in the values of homes as the IT industry grew. After this peak they experienced a large drop in values, double sometimes triple the value. These “smart cities” are being predicted to have stronger markets in 2012.
4. “Consumers will get ‘hopeless’” – Tara predicts that “people will make decisions based on what is or is not sustainable for their lives and their finances, and not based on inflated hopes about what the market will or will not do”.

While it is good to be aware of what is happening in the market and as predictions for the 2012 real estate market or pointing to a year of many investing opportunities, I want you all to remember that none of this matters unless we take action. This needs to be the year, for many, of TAKING ACTION. The opportunities in 2012 are and will be there for investors but you have to TAKE ACTION.

DG Family, have a wonderful New Year! 2012 – is the year to TAKE ACTION and MAKE IT HAPPEN

Karen

Inman News article: http://www.inman.com/buyers-sellers/columnists/taranichollenelsoninmanco...