If the unemployment rate decreases and the work force expands in combination with further credit improvements and affordable homes available this will certainly help overcome the unavoidable rise in future interest rates.
Here are two expert opinions:
(1). “I would bet even odds that we’re at a bottom and that we’re going to see improvement in the coming months,” says Karl Case, co-creator of the S&P/Case-Shiller Home Price Index and a professor of economics at Wellesley College.
(2). “The underlying trend is turning positive,” says Bruce Kasman, chief economist at JPMorgan Chase & Co.
Please let us know your opinion on if we have hit the bottom in real estate or not. Thank you. Patrick
no this is not the end yet!!!!!!
ReplyDeleteI agree with anonymous #1, the worse is yet to come: too many jobs lost and unstable in these times of the ruling elite- the republicrats- blinded way down there in the deep pockets of their owners.
ReplyDeleteThank you for your comments.
ReplyDelete