Tuesday, March 22, 2011

Housing Double Dip Expected!

They say; If you line up a thousand experts side by side and ask for their opinion - That's, how many different opinions you would get!!



Better Late Than Never!





Mathews Realty Group

R.E. Advisor/Investment Services

Self Direct IRA-Self Employed Solo 401K Specialists

Amplify’d from www.inman.com

More analysts expect double dip

National home prices near post-crash low

Nearly half of economists, real estate experts and investment strategists polled by MacroMarkets LLC this month said they now expect national home prices to "double dip" this year and hit a new post-crash low.

Panelists are asked to project the path of the Standard & Poor's/Case-Shiller U.S. National Home Price Index over the coming five years. In December, only 15 percent of the panel said they expected home prices to double dip.

Now, with national home prices less than 1 percent away from establishing a new post-crash low, on average the panelists expect that national home home prices will fall by 1.38 percent in 2011, before appreciating by 1.26 percent in 2012, 2.72 percent in 2013, 3.19 percent in 2014, and 3.42 percent in 2015.

Read more at www.inman.com
 

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