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Are we facing a double dip in real estate - two issues that may cause it!

By
Real Estate Sales Representative with HomeSmart Realty

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

Let me know what your thoughts are about this topic.

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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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Jeff Underwood, The Street Economist
The Ugly Truth About Money

Are we facing a double dip in real estate?

Comments (1)

Victor Zuniga
Berkshire Hathaway Home Services California Properties - San Diego, CA

According to Case/Shiller San Diego should avoid a double dip if things continue on the path were on now. The San Diego CA. market as well as the state's market is showing signs of recovery. At least in the major metro cities.

Mar 02, 2011 10:20 AM