2010: 'Economic Slim Fast' or sunshine? Premium Content

10 real estate brokerage predictions

Inman News®

What does 2010 hold for the real estate brokerage industry? While I don't own a crystal ball, here are my 10 best predictions about what to expect in 2010.

1. 'Economic Slim Fast' or sunshine on the horizon?
Higher unemployment and additional tax increases translate into fewer spendable dollars for housing. This means people can afford less resulting in more downward pressure on prices. On the flip side, sales in California and Florida have been on the rise. Real estate has usually led the way out of past recessions. Furthermore, some economists believe massive congressional spending will likely result in inflation. During inflationary times, hard assets such as gold and real estate are usually the best hedges.

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