Housing Predictions for ’07

Posted by Tre Pryor, Editor-in-Chief on January 01, 2007 in Commercial tagged with
Beautiful new construction with a 3-car garage.

According to this article by author Tom Kelly, here are some of the hot items on the slate for 2007:

  • Savvy buyers: Taking advantage of the continued buyer’s market.
  • Better pricing: Sellers will realize that the asking price is your #1 selling advantage.
  • Upscale garages: A 3-car garage is the new black.
  • Caving: Personalized space for a single person.
  • Dual home offices: Maybe not this year, but we’re headed in that direction.

What’s on the way out? How about:

  • Selling a home “as is”. Lazy sellers won’t be maximizing anything.
  • Buyer incentives: Not sure I agree with Mr. Kelly on this one because certain creative incentives can close a deal fast.
  • Laminate floors: Again, there’s a time and place for laminates and they do hold up much better to traffic than hard wood.

For the full article, visit Upscale garages ‘in,’ buyer incentives ‘out’ for ’07.