ucla anderson forecast: UCLA Anderson Forecast - Some Hopeful News For Housing? - 03/25/09 12:22 PM
If you didn't see todays Inman news, here's a summary of current reports from the UCLA Anderson Forecast. Overall, not the cheeriest of reports, as reports go. It summarized the current economic outlook as 'bleak'. But there are a few 'bright' spots - and to the extent they can be construed as good news, many involve housing.
For example, one report "The Global Slump" opines that the 'housing market can't get much lower' and calls for a tepid recovery in 2010. That's good housing news isn't it. We may be bumping along that rocky bottom NAR talked about last year.
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