2012 Looking Up for Licensed Real Estate Agents
Posted:
Wednesday, January 25th, 2012
Category:
Real Estate License
It seems that the nearer 2012 draws, the more harbingers of a recovery come forth. No reason yet to break out the bubbly, but reason enough to expedite one’s real estate continuing education to get licensed as a real estate agent.
One such harbinger is the consumer prices falling in the last quarter. For the economy, this may look terrible at face value, but for low-wage earners this of course means more affordability. And according to Carla Hill in her article “Real Estate Outlook: Will 2012 See Improvement?” affordability will be the operant word in 2012. With low interest rates prevailing, the National Association of Realtors (NAR) expects the coming year to be one of the banner years on record for housing affordability.
It’s true that the 2.5-year-old recession continues to drag down the economy and housing market, but the newest statistics and surveys point to a sea change on the horizon next year. Meanwhile, affordability and interest rates are combining to make good deals for this year’s penny-pinching buyers.
Industry experts are moderately hopeful of home sales improving in the new year, with existing-home sales expected to rise 4 to 5 percent.
“Once home prices turn positive on a sustained basis, consumer confidence will rise and help the broader economy to improve,” said Lawrence Yun, chief economist at the NAR.
Well aware of the industry’s pending need for licensed real estate agents when recovery finally arrives, top online real estate training provider Agentcampus.com provides real estate courses and real estate continuing education that are needed for a Texas real estate license for one.
