User1132_4_t Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate ServicesSearch NJ Area Listings and Local Resources
View all real estate listings in your area:
Members: 122,705 - 1,837 Online Now  Login
 
The economy is slowing. In the fourth quarter, GDP growth will have shrunk for the first time since the 2001 recession. The projected decline is only 0.4 percent, but it is nonetheless a decline.

No worries though.

This NAR article discusses why, projecting forecasts for 2008 and discussing what the different segments of the housing industry need to keep their eyes on and actions to take.

(Source: NAR)

More Information . . .



Visit my web site for additional services and support: LawrenceYerkes.com
   
and visit BestProperties-NJ.com to learn more about our commercial services and resources.   
  
Copyright 2007 by Lawrence Yerkes. All Rights Reserved. 
 

1 Comments on NAR Forecast: This Slowdown We Can Handle

January 10, 2006 - The key word for the housing market in 2006 is balance, with a return to a more normal rate of price growth, according to the National Association of Realtors®.

April 11, 2006 - Home sales should generally level-out and remain at historically high levels, according to the National Association of Realtors®.

October 02, 2006 - Pending home sales are up, indicating a stabilization is taking place in the housing market, according to the National Association of Realtors®.

November 03, 2006 - In a full-page newspaper advertisement running in six of the nation's leading newspapers beginning today, the leadership of the National Association of Realtors® is launching a national campaign to urge home buyers who have been waiting to buy the home of their dreams to act now before the market changes.

12/29/2007 01:57 PM by Frank Jewett (tech4REpros)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services (RE/MAX Suburban)
Lawrence Yerkes - Broker Associate, Southern New Jersey Real Estate Services
Medford Township, NJ
More about me…
RE/MAX Suburban

Office Phone: (609) 654-7300 Ext.: 206
Email Me
Direct Phone: 609-953-1330

Providing news, information and resources with a focus on supporting you while conducting business, living and vacationing in the South Jersey area but also covering topics that are broader or national in scope.

View My New Jersey Real Estate Resources Site.

Search For Properties Anywhere in NJ.


Get automatic updates of my blog on your Smartphone or PDA.



Index - Articles by Category

Translate


Links

Archives

RSS 2.0 Feed for this blog

Find NJ real estate agents and Medford Township real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved