Tag Archives: Is 2012 the year of the short sale?

Amanda Wilson, a real estate agent for Esslinger Wooten Maxwell in Fort Lauderdale, offers five predictions for the housing market in 2012: • Buyers will be busy. South Florida sales were strong in 2011, despite sluggish national numbers. Economic conditions and consumer sentiment will continue to improve during this election year. • Foreclosures will increase. Analysts are concerned about the “shadow inventory” — homes that ultimately will go on the market for sale because the owners are in default or foreclosure. • Prices will soften. More foreclosures will drag down […]