Market Forecast 2011
In this market, and continuing into 2011, the majority of buyers will demand “instant” equity and be attracted to properties they believe are undervalued or have great upside potential. Buyers will stay on this course until there is a general belief that either distressed properties are no longer available for purchase at will, or the economy has corrected itself and much of the available inventory has been absorbed. Where does this leave homebuilders in the interim? View full article (PDF).
This article first appeared in BUILDERnews magazine.