Venice FL - Homes for sale real estate market report
By Kari Battaglia, Who You Work With Matters!
(Veterans Realty Inc)
Venice/Englewood Area Real Estate Market Review 2010 The real estate market is cyclical and will once again thrive - but when? In 2010, more than supply and demand influenced the market. Each time the market received a bit of good news, something happened. Tax credits ended, banks pulled back on lending and foreclosures stopped closing. Signs continue to point to a stabilizing and slowly improving economy. The market remains solid if not stellar and most economists predict a positive trend in 2011.* Billionaire Warren Buffett wrote March 2010 in his annual letter to the shareholders of his Berkshire Hathaway predicted increased demand for real estate in 2011. "Prices will remain far below ‘bubble' levels, of course, but for every seller or lender hurt by this there will be a buyer who ...
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