On the “mood of the market,” Tara Nicholle-Nelson, a real estate author, analyst, and commentator, recently offered four predictions for the 2012 real estate market. Remember, real estate is local, and these predictions have a national perspective.
- Even more foreclosures
- REOs and short sales will become the new normal
- So-called “smart cities” will do well (could Greenville be one of these?)
- Consumers will get hopeless (a good thing?)