Are we facing a double dip in real estate?
Here is an article from the New York Times that includes a quote from Robert Shiller, Yale economist and developer of the Case-Shiller home price index. Click here to read how he said we are facing a substantial risk of the real estate markets falling another 15, 20 or 25 percent.
And, I (Jeff) believe that incomes and jobs have a lot to do with this possible outcome. If we see incomes continue to reset to a much lower level, then real estate prices must follow. In case you missed the radio show episode that explains the income issue that we face, here it is....... CLICK HERE
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Also find Jeff's radio episode about why we may see a double dip. It may be caused by jobs and income! Click here to listen to this topic. on internet radio and iTunes - The Ugly Money Show with Jeff Underwood ….. http://www.blogtalkradio.com/jeffunderwood
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Are we facing a double dip in real estate?
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