forecast realty blog

Forecast realty, LLC is a New York City based full service real estate company. We are a dedicated group of energetic, hard working licensed agents providing real estate services, investment sales and online classifieds service.
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Friday, November 26, 2010

Holiday forecast - Very Sunny!

Before we go into our forecast we would like to wish everyone a happy Thanksgiving holiday!
After you eat all the turkey and the stuffing you're probably gearing up for the start of a new property hunting week if you are in the market for a new property.  Our forecast for the month of December 2010 is Sunny and here is why: 
  • Historically low interest rates
  • Winter season is the signal for low buyer-traffic and that typically leads to a price adjustment on the Seller's part if their property was originally over priced.
  • Seller's are more negotiable during the Winter season due to Holiday stress and expenses.  A property sale could add stress especially if a Seller is not represented by a Broker.
  • More inventory is available as we've experienced a lower sales volume over the last few months.  A higher supply = lower price.
Happy hunting! Please feel free to commend any questions you may have and feel free to browse our available inventory. 

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