According to the recently released Real Estate Roundtable’s Sentiment Survey, real estate experts think market conditions are improving despite the credit crunch.
Nearly 60 percent of the survey’s 120 respondents expect market conditions to improve within a year. Although 88 percent of the respondents think loans are tougher to get now compared to a year ago, 68 percent predict conditions will improve in the next year.
Their optimism is based on an uptick in the Overall Q2 2009 Sentiment Index. Measured on a scale of 1-100, the index evaluates surveys from recent quarters and calculates an overall average. Currently the index rests at 41, up from 38 last quarter and 33 six months ago.
What do these figures really mean for Rutland VT home buyers? It means the market is bottoming out, prices have reached bottom or close to it and now is the time to buy a Rutland VT home. Don’t be one of those people next year who has to say, “I wish I had bought last year when prices were low.” Give me a call today and for the best deal on your next Rutland Vt home!