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Another Bear Turns Bullish on Real Estate

Two weeks ago, we posted When the Prophet Says Buy – BUY! In that post, we explained that a major bear on housing, John R. Talbott, is now bullish on the real estate market. Last week, another bear turned bull.

Chris Thornberg, a former UCLA economist and a founding principal of Beacon Economics, was very skeptical of the housing market in 2007. However, in an article by the Orange County Register on January 13th, he is quoted as saying that now is:

“…a great time to buy a home…If you’ve been thinking about buying a condo in Vegas or buying a condo in Miami, buy now.”

We started off 2012 with two of the biggest bears on housing converting to bulls and telling us to BUY NOW! It might just be time to buy!!


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11 replies
  1. Sue
    Sue says:

    As always, very powerful but simply stated . I appreciate this blog so much because it presents information in a way that my clients can easily understand. I’m always posting your articles on my Facebook page. Also, I love the picture in this post! 

    Reply
  2. David
    David says:

    I must agree with you both. The one thing I must point out is that the media has presented a very unclear and unjust condition of the market, not just in our citties but across the nation. Good to see that the people who really impact our daily views have stepped up to the plate to clear the air.

    Reply

Trackbacks & Pingbacks

  1. […] the last 120 days, many experts have said that buying now makes sense. This includes: John Talbott, Christopher Thornberg and Warren […]

  2. […] 120 days, many experts have said that buying now makes sense. This list includes: John Talbott, Christopher Thornberg and Warren […]

  3. […] 120 days, many experts have said that buying now makes sense. This list includes: John Talbott, Christopher Thornberg and Warren […]

  4. […] 120 days, many experts have said that buying now makes sense. This list includes: John Talbott, Christopher Thornberg and Warren […]

  5. […] 120 days, many experts have said that buying now makes sense. This list includes: John Talbott, Christopher Thornberg and Warren […]

  6. […] 120 days, many experts have said that buying now makes sense. This list includes: John Talbott, Christopher Thornberg and Warren […]

  7. […] Market Update: Bear Turns Bullish on Real Estate […]

  8. […] more: Another Bear Turns Bullish on Real Estate This entry was posted in Real Estate and tagged another-bear, beacon, bear, bear-on-housing, […]

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