By the end of 2012, the US economy had lost momentum and weaker growth was expected to continue. In this report, T3 Sixty looked toward the future of the real estate market.
The economic downturn has hit the housing market hard, affecting all segments of the industry and resulting in a downward spiral of foreclosures, mortgage debt, and shortsales. While government, financial institutions, corporates, and lawmakers have begun intervening to jumpstart a recovery process, a solution is a long way off and agents and brokers need to be aware of the challenges and be able to navigate difficult situations to facilitate any future buying and selling processes.
The US is in the longest housing shortage in the modern era.
When it comes to elections, one thing holds true fundamentals matter. The questions facing the real estate industry are clearly focused on the fundamentals. In this overview, T3 …