What will 2010 bring for movers?
2009 was a down year over all for most moving companies with some in the media declaring a depression for relocation in Atlanta Georgia and across most major cities in America. 2010 will be a hard year to predict. Will the moving market stay in the dull drums or will this be the year that housing prices and low-interest rates finally get folks off the fence and into new homes? Or will 2010 be the year that many home owners were forced to stay in the home they own because they owned more than it is currently worth or they are unable to sell because the other comps they are competing against are short sales or foreclosures?
Hopefully here in Atlanta we have seen the bottom of the real estate market bubble bursting and Atlanta movers along with other cities will return to a healthy level of real estate and moving transactions.
2010 is half way through and the impact of the home buyers credits seem to have been possibly positive and negative for the moving industry over all as well as the real estate, housing,and relocation markets.
When politically motivated programs are implemented the negatives can some times overrun the positives. The home buyer tax credits (that were offered to first time home buyers over the last two years) could have done more harm for movers and real estate professionals than help. The credits did play a big role in the results most Atlanta movers will have but that role may not be all positive I think 2010 will again be slower than an average twelve month period for many moving companies but that could also vary based on the city of that mover and the status of the areas real estate market.
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