You want to sell your home and have owned it for five years. It is fixed, cleaned, decorated, and ready to go. Once your house is listed, multiple pre-approved buyers come knocking on your door to offer you full price. Seem realistic? Not in 2011, but there may be a positive outlook for 2012.According to some analysts, 2011 was a year of large inventories of foreclosures and short sale listings. As a result, a slight decrease in nationwide home prices. With many banks holding off on listing their bad assets, and consumer confidence at its highest in years, things may start to turn around in 2012.
Freddie Mac released their 2012 outlook. Here are some of the main points.
- Economic growth will likely strengthen to about 2.5 percent in 2012.
- The US unemployment rate will decline slightly but remain about 8 percent.
- Mortgage rates will likely remain very low through 2012.
- Housing activity will be better in 2012, but no boom like some have hoped.
- Expect more multi-family lending in 2012.
Over the past few years, home prices have softened causing homeowners strain and hardship when dealing with their own houses. Some have lost their equity due to falling prices and now owe more than what their home is worth. Others face income or job losses that have caused them to fall behind on their mortgage. 
After years of high employment and businesses feeling a strain from the economy, the nation’s unemployment rate fell to 8.6 percent in November. This comes in at a two and a half year low, showing evidence the nation’s economy may be heading in the right direction. So what does this mean for the real estate market or selling your house fast?
