Billionaire Warren Buffett predicts the housing market will bounce back by 2011…”Prices will remain below ‘bubble’ levels, allowing more buyers to purchase homes”. “Demand will catch up to inventory, as homes unattainable a few years ago are now within the means of more buyers”. This a long with Tax Incentives should boost 2010 and stimulate continued increase in the buyer pool.
Bottom line…Now is a great time to buy or sell a home!!
Especially in Northern Colorado where our markets have been pretty stable!
Buffett’s quotes are from 3/1/10 USA Today
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