housing industry: Big Predictions For Housing
- 04/02/13 09:46 PM
Big predictions for housing ... This article from 03/29/13 in Realtor Magazine talks about big gains in home sales in the next 2 years. Also discusses low mortgage rates for the remainder of this year, very interesting ... Home sales are projected to post some big gains in the next two years, according to Fannie Mae’s latest monthly economic outlook. Fannie Mae economists predict that existing-home sales will rise by 10.5 percent this year, and by 6.2 percent in 2014. The economists made even bolder projections for new single-family home sales -- growing 15.1 percent this year and 44.1 percent in … (1 comments)
housing industry: A Housing Crash
- 10/12/10 01:44 AM
The housing industry is more than just real estate. As seen in 2005-2009, new construction fell to the way side, taking with it the labor forces, material suppliers and the localized income that went with it. Anyone that made their living in new construction lost nearly everything they had ever worked for. Many developers lost the properties and the investments placed into those properties with curbs, streets, utilities and the general developing dollars invested. These properties fell to the bank, creating a shortage of lending funds available to continue these levels of projects. Once property values start to fall, sellers find … (4 comments)
Big predictions for housing ... This article from 03/29/13 in Realtor Magazine talks about big gains in home sales in the next 2 years. Also discusses low mortgage rates for the remainder of this year, very interesting ...
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