New Beginnings

Every year at this time sort of feels new and fresh. Like we get to start over again in many real ways. It’s like the slate gets wiped clean and everything that happened last year is over and done with…and here we are embarking once again on the journey. What will 2012 hold for all of us? Who knows…but we’re in it now so let’s make the best of it. As for real estate in Foster City? I think 2012 is going to be a really good year. I think it’s going to be a better year than any of the others since 2008. I guess my reason is simple too…my phone has been ringing a ton in the last month or so. Lots and lots of people are either looking right now or about to begin searching for homes to buy. At the same time, there’s 11 single family homes on the market in FC today and 15 condo/townhouses. That’s an incredibly small amount of inventory. When new listings come on the market in 2012 there’s going to be multiple offers since these buyers who’ve been looking havn’t exactly been thrilled with the existing inventory so…when something good comes up there’s going to be alot of interest. I think this trend is going to last for awhile too. 2011 was pretty sluggish if you ask me and there’s been some demand pent up. I think it’s going to be fun to see where this all goes. My only question is how long will it be before the mainstream media starts reporting this and then there will be even more buyers. I’m excited for 2012.

Comments

  1. Dana Ferri says:

    I’m optimistic too about 2012! Here’s to a great year for all of us!
    God bless,
    Dana

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