Larry's Blog - Archives July, 2011

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Home : Blogs : Larry Bunch : Larry's Blog : Archives July, 2011

Turning Point for Real Estate - 07/06/11 04:41 PM

"Historic Turning Point for Real Estate" - A group of economists and real estate experts were "polled" and they tend to agree that home prices will reach bottom this year.
Seems like I heard that last year. Now the are predicting home prices to start increasing. I don't recall seeing anything in their remarks about why people are not buying. I don't recall seeing anything about unemployment hitting and remaining at the highest level in years. I have not heard anything about the plan to increase the down payment for buyers to 20%. How do these factors affect the price of … (1 comments)

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