Tuesday, 8 January 2013

Moncton Real Estate Forecast for 2013

It's 2013 and a year since my last post to this blog. Not that I haven't been blogging. I'm been posting on my #1 Moncton Real Estate Blog - blogMoncton.com - all last year.

So here is my prediction for the local real estate market for 2013. Lots of listings from which to choose, in fact above average all year. About the same number of buyers as in 2012. However 2013 will favour those buyers over sellers who are motivated to sell. 2013 will be a disappointing year for sellers who only list their properties to "test the market".
These sellers will hold out for top dollar, hoping to find a unsophisticated or unrepresented buyer.

So, buyers, here it is. Buyer's market for buyers who, find motivated sellers. And the best way to achieve that goal is for a buyer to be represented by an experienced buyer agent.