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January, Shmanuary, Look Ahead When it Comes to Coconut Creek Real Estate

The latest real estate headlines for the US are that home sales were down in January, some of these headlines even use the word "plunged", but don't let it affect your view or may you panic about Coconut Creek real estate.  There are a few areas scattered around that managed to buck this trend and no media frenzy can change that.  Think about it, is it really a surprise that sales are down in January?  January is the coldest month, even if you live in a southern area like Coconut Creek Florida, and who wants to move in to a new house in January?

Does anyone really feel like shopping in January when they have just completed a major holiday season that began with Thanksgiving at the end of November?  Most people are just plain worn out by the time New Years Day is over, the last thing they feel like doing in packing up and moving. It is a month to relax and observe.

The original First Time Home Buyer Tax Credit was meant to expire in November and when it got extended and expanded people realized that they had more time to make a decision.  January data is showing a dip because people wanted to stop and take a look at what the new year would bring.  Now that 2010 is here and people can see that mortgage rates and property values are staying low, Coconut Creek housing is bound to continue a steady increase in sales and eventually prices as well.  Even Warren Buffet appears optimistic, stating that he believes that housing problems will soon be behind us.

Click here to view Warren Buffets stance on the economy and real estate as a whole.

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.



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Posted on February 28, 2010 08:30:18 by Real Estate Blog Author   silva.stoyanova - View Profile Real Estate Blog Categories   Posted in Guide for Buyers, Guide for Sellers

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Silva Stoyanova, PA
Cell: 954-673-4402
Email: silvas@remax.net

RE/MAX Park Creek
5481 Wiles Rd
Coconut Creek, FL 33073

954-449-9797

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