by InvestorPlace Staff | January 23, 2012 2:06 pm
It’s nice to be reminded that not everything you want is destined to go up, up, up in price.
CNNMoney.com has a nifty roundup of several drool-worthy purchases that are likely to go down in price this year:
1. High-end wines. According to senior wine seller Michael Glasby at Premier Cru in California, prices on Bourdeaux vintages could fall by half, with even better deals on Burgundies and other varieties from South Africa, South America and Australia.
2. “Ultrabook” computers. NPD analyst Stephen Baker expects a 50% price cut on these ultra-fast, ultra-thin computers, which have no hard disk or DVD drive. Some could go for as little as $500.
3. Homes. Depending on where you live, home prices may still have further to fall — especially in areas hardest hit by foreclosures. Areas with strong demand, though, such as Washington, D.C, and San Francisco, are seeing increases.
4. Tablet computers. Last year’s $199 Kindle Fire (Amazon, NASDAQ:AMZN) set off a rush to offer cheaper tablets. That trend should come to fruition this year.
5. Car rentals. A glut of cars and fierce competition is already resulting in great deals for travelers, available on both car-rental websites like Dollar (NYSE:DTG), Budget, and Hertz (NYSE:HTZ) and discount travel sites such as Expedia (NASDAQ:EXPE).
6. HDTVs. The debut of more reasonably priced 60- to 70-inch high-definition TVs at this year’s Consumer Electronics Show in Las Vegas will surely push down prices on 40- to 50-inch models.
Read more at CNNMoney.com.
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