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Housing Market: About to SPRING Back


We believe that 2012 will be the year that home sales start to climb again. Over the past thirty days, more and more experts are saying the same thing. Jamie Dimon, JPMorgan Chase CEO
"I believe we’re very close to the inflection point. People look at prices that are still coming down but all the other signs are flashing green… You could come up with a pretty bullish case (for housing)."
Frank Nothaft, Freddie Mac chief economist
“Even the housing market is showing some signs of shaking off the depression-like conditions that have plagued it for much of the past few years.”
Goldman Sachs Group
“Stabilization in U.S. housing fundamentals is creating an attractive investment opportunity. Many of the ingredients are in place for continued improvement in housing.”
Lawrence Yun, NAR chief economist
“If activity is sustained near present levels, existing-home sales will see their best performance in five years. Based on all of the factors in the current market, that’s what we’re expecting with sales rising 7 to 10 percent in 2012.”
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One Response to “Housing Market: About to SPRING Back”

  1. Homes in Laguna Niguel June 6, 2012 at 6:53 am # Reply

    Prices are going down, and sales are close to neutral —
    hopefully we are at or at least near the bottom. Most homeowners just don’t
    want to sell for less than their home was “worth” a few years back, which of
    course was quite inflated.
     

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