paaul roesch: Credit Suisse: Five Threats To Housing
- 02/12/10 01:40 PM
The Spring selling season. And Dan Oppenheim, a home-building analyst with Credit Suisse, predicts we’ll not only see one this year, but it will likely be strong. Builders are shifting from survival to rebuilding profitability - “a welcome relief after the past several years” - but five threats remain: 1. Tax credit expires. The government is offering up to $8,000 to entice buyers, which will create urgency before the April 30 expiration. But that means orders will likely be condensed in the early spring, with estimated order growth of 21% in the first quarter and 5% in the second. “Pulled-forward demand … (0 comments)
I sell real estate assets fast and economically. I auction household, estate, real estate and downsizing auctions. Brokers and agents encouraged for referral of sellers and buyers.
Paul Roesch cell: 618-407-8479
The Spring selling season. And Dan Oppenheim, a home-building analyst with Credit Suisse, predicts we’ll not only see one this year, but it will likely be strong. Builders are shifting from survival to rebuilding profitability - “a welcome relief after the past several years” - but five threats remain: 1. Tax credit expires. The government is offering up to $8,000 to entice buyers, which will create urgency before the April 30 expiration. But that means orders will likely be condensed in the early spring, with estimated order growth of 21% in the first quarter and 5% in the second. “Pulled-forward demand … (0 comments)
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