I have no complaints about 2010. It was a great year to get started in the real estate business, and a great year for the real estate market all around. TREB reports that there were 86,170 sales of single family dwellings in 2010, down only slightly from the 87,308 sales in 2009. Average selling price has increased to $431,463. Who can complain about that???
As a new agent, I spent much of 2010 learning how to negotiate in a multiple offer situation, getting into my groove with first-time buyers, dealing with other more experienced agents, and becoming a young business professional. It has been a huge learning curve and I loved (almost) every minute of it!
Thinking back, I see the past year to be one of change. Mortgage rates have been historically low, so in the first few months of the year buyers flooded the market and caused bidding wars. Transitioning into the fall months, the market changed slightly - we experienced a more balanced market where prices weren't as inflated and it took homes longer to sell.
I've met a lot of people I wouldn't have had the pleasure of meeting otherwise, and realized one thing: I love this business! So if you are thinking of buying or selling a home in the next 60-90 days... send us an email or call us direct. 2010 has been a year of ups and slightly smaller downs, and we'd love to help you through the process.