U.S. FSBO real estate site ForSaleByOwner.com, recently issued its Top 10 Predictions for the 2010 Real Estate Market.

Among its predictions are an increase in use of the Internet to find and buy homes, lower home prices, and an increase in the number of homes sold. 

“Foreclosures and first-time homebuyers dominated the housing market in 2009 and will again be the most common types of real estate transaction in 2010,” Greg Healy, VP of Operations of ForSaleByOwner.com said in the announcement. “These sales, with their typically lower prices, will cause overall home price levels to drop and home sales volumes will increase slightly.”

ForSaleByOwner expects low mortgage rates to continue, with an increase of 1-2 percent in the number of homes sold in 2010. Distressed properties will continue to dominate the market, bringing the median home sale price down to the mid $170,000 range, from a 2006 high of $221,900. The median for 2007 was $219,000, and for 2008 was $198,000.

Read all the ForSaleByOwner 2010 predictions here.

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