Market is booming into the new year

It’s crazy to think that it’s been 10 years since the real estate crash and the beginning of the great recession, but finally the market is starting to boom again. This time, however it’s not based on having less than savory business practices. The market is healthy, and shows signs of a great year in real estate.

What are we looking at, as we head into 2018?

The price of real estate is on the rise, which is great. You’ve got to pay a higher price sure, but it’s indicative of a much healthier market than we’ve seen in the past few decades. We’re seeing a huge bump in demand, which is driving this surge in pricing. This makes the market great for sellers, especially those who might be looking to downsize a bit. You’re much more likely to get a good price for your home, and get that price quickly. No waiting for a year to get the price you were looking for. So, good news for sellers.

With this market really kicking up, we’re seeing another large boost in the fix and flip market. Many home builders shifted into the fix and flip market to weather the economic hardships. Now as everything is heating up again, builders are shifting their focus back to custom homes, and luxury communities. The space left has given a great chance for those looking to get into the fix and flip market. These house flippers are looking at selling these freshly renovated homes for a major profit. But that is great, the ability to make a profit and do something you love is part of the American Dream.

With all of these sellers and fix and flips coming online, supply is starting to rise up and meet the demand which will help stabilize the prices before they get out of hand. But all of this means good news for the real estate sector of the economy. It also means good things for anyone looking to buy a house, sell a house, or try to spruce up their existing house. When the real estate market is booming, it’s booming and it’s good for everyone. As 2018 approaches, there are lots of rea-

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