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Economists revise housing figures amid optimism

By Bob Miller

Real Estate Sales Representative with Keller Williams Cornerstone Realty

March 23, 2013 11:14 PM

Home Prices Rise

A few weeks ago we questioned Shiller's conservative and pessimistic forecast on real estate in:

Shiller’s Bottom Line: Risk Lingers in Housing

Now newer, even more optimistic predictions further challenge Shiller's pessimism

Economists revise housing figures amid optimism

So we as the question again:

"Yun says he expects total housing sales to be higher in 2013 than 2012, but he doesn’t expect the increase to be as dramatic. However, he expects price increases this year to beat 2012."

US home prices surge in January

Who do you believe? Shiller or Yun?

Lawrence Yun

Re-Blog

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Ralph Janisch ABR CRS Broker

Janisch & Co. - Conroe, TX

Selling Northwest Houston to good people like you!

Well.... Where we are prices seem to be increasing and homes are selling. Se are cautiously optimistic!

Mar 23, 2013 11:17 PM

Bob Miller

Keller Williams Cornerstone Realty - Ocala, FL

The Ocala Dream Team

Thanks Jeanne and Ralph. Same here.

Mar 23, 2013 11:19 PM

Linda Edelwich

William Raveis Real Estate - Glastonbury, CT

Serving Glastonbury & Beyond | 218 New London Trnk

I am really glad to see a rise that is not based on the tax credits and other scemes - looks like it is a natural uptick which is great!

Mar 23, 2013 11:24 PM

Beth Atalay

Cam Realty and Property Management - Clermont, FL

Cam Realty of Clermont FL

Home prices continue to climb up while inventory gets lower.

Mar 23, 2013 11:35 PM

Mike Carlier

Lakeville, MN

More opinions than you want to hear about.

It's hard to dispute the apparent upward trend in housing. However, it's also hard to forget that Yun said that 2007 was a great time to buy real estate.

Mar 23, 2013 11:55 PM

Mark Loewenberg

KW of the Palm Beaches - Palm Beach Gardens, FL

KW 561-214-0370

Yun is number 1! yes we are on track to break the bonds of the last serveral years finally

Mar 24, 2013 12:06 AM

Florida Tolbert Team Keller Williams Advantage

Keller Williams Advantage III Realty in Lake Nona - Orlando, FL

Keller Williams Land Luxury Division Specialist

We are SHATTERING 2012 already.

I am already exceeding 2012 in the first quarter of 2013. That is PHENOMENAL!

Mar 24, 2013 12:30 PM

Thank you all for reading and commenting. Seems like real estate is recovering all over.

Mar 24, 2013 07:59 PM

Frank Laisch

Orlando, FL

"The Insurance Guy"

Bob, the housing market has been recovering nicely with many optimistic people. I hope it continues

Mar 25, 2013 03:05 AM

Economists revise housing figures amid optimism

US home prices surge in January

Who do you believe? Shiller or Yun?

Comments(9)

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