Monday, December 11, 2006

Housing Predictions for 2007

Here are some housing predictions for 2007 made by HDRKID. As you know interest rates are going up and houses are not selling. Many sellers are pulling their houses off the market rather than by hit with huge losses.

2007 is not a good time to sell and an even worse time to buy as the economy continues to contract and the price of oil goes up.

Having a house that is small and energy efficient is a plus as small affordable houses continue to increase in value, but big old drafty houses join SUVs on the no sell list.

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