Sunday, March 21, 2010

This year real estate market looks a bit optimistic

The research made by the scientists at Colorado State University shows that the residents are in general optimistic about the property market in Northern Colorado in 2010.

About 300 people took part in the survey that showed that they are rather confident about the real estate market in 2010. The study showed the sales have fallen in comparison with the previous years. They say there’s a span of optimism despite that the tax program will end soon and the interest rates will go up. Some respondents said that they expected to sell houses with more benefits this year than in the previous 2009.

The research asked not only some residents, but some experts who are familiar with the whole process of buying and selling the property. They prove that bad authority regulations caused the wave of foreclosures in the country and the inability of many people to buy property any at all.

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