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Protected: RE Grad Call – Overcome Obstacles 3-21-2013
March 21, 2013 in General R.E., Graduate Group Call, Step 03: Do Strategic Planning
Economists Revise Housing Figures Amid Optimism
March 14, 2013 in RESIDENTIAL R.E., Step 03: Do Strategic Planning
Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound, and some have even doubled their original forecasts over the rise in home prices. For example, economists at Bank of America revised their home price forecast from 4.7 percent this year to 8 percent. Capital Economics’ Economist Paul Diggle upwardly revised his home price forecast too, from a 5 percent projection to an 8 percent rise in home prices this year. “Prices of both new and existing homes are picking up, the latter […]
U.S. housing market is slowly returning to normal
March 13, 2013 in Step 03: Do Strategic Planning
The latest forecast from Fiserv (FISV) Case-Shiller predicts home prices will increase by an average of 3.3% annually over the five years ending September, 2017. “2012 was the first year since 1997 that the housing market has resembled something [close to] normal,” said David Stiff, Fiserv’s chief economist. “For the past 15 years, home price changes and sales volumes have either been boosted by a bubble mentality or crushed by crash psychology.” From 1998 until the housing bubble peaked in 2006, home prices grew by 5% or more a year. […]
Big money betting big on housing
February 13, 2013 in Step 01: Build a Solid Foundation, Step 03: Do Strategic Planning
Big money betting big on housing By Maureen Farrell @CNNMoneyInvestFebruary 4, 2013: 6:52 AM ET The latest sign of a housing boom: investors are clamoring to buy up homebuilding stocks, homes, and undeveloped land. Investors are betting big on the housing recovery. Hedge funds and private equity firms have been rushing in to buy up companies and assets in every part of the housing supply chain, including undeveloped land, homebuilders, foreclosed homes, and building parts manufacturers. One of the most notable moves is coming from hedge fund manager John Paulson, […]