Four Real Estate Market Predictions for Homebuyers in 2011

A crystal ball with cash inside - real estate predictions
A crystal ball with cash inside - real estate predictions

The days when anyone could claim to have a reliable crystal ball for the real estate market have long passed. Nevertheless, what's past is prologue: There's a lot going on in the market right now that is likely to have a pretty predictable impact on real estate in 2011. Let's look at how homebuyers can expect to fare next year with these four real estate predictions:

1. Prices and mortgage rates will stay low in most areas, but will rise in affluent areas and markets experiencing job/population growth.