2009 was tough! The mantra for 2009 was “I will survive”. For most of us we are glad to say that we’ve been there, done that, and it’s time to move on.
The predictions for 2010 are peppered with cautious optimism. The speculation is that the bottom for the residential real estate market will be reached by mid-year. However, there are mounting concerns over the large number of commercial loans coming due. The still looming banking crisis and the lack of capital in the market will throttle the recovery.
