AgentIndustry News

Top homebuying, selling predictions for 2011

Mood of the Market
Published on Dec 30, 2010

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by CareyBot

During this first holiday season on the road leading out of the recession, American consumers are taking different approaches in their decision-making.

Black Friday brought the requisite, shameful Web videos of elders being trampled in the stampede for a Pillow Pet or a $3 toaster, and Cyber Monday upped the stakes in an entirely different sort of consumer game, driven in large part by the flash-sale websites that have literally exploded in number and popularity this year.

On the other end of the spectrum, many celebrated "Buy Nothing Day." Others engaged in some of both; I bought usable gifts for kids only, and donated or sold 200 items of clothing, books and furniture for the holidays.

Even retailers capitalized on the dichotomy, with one l