Could housing prices return to those seen during the housing bubble’s peak? If so, how soon? Some analysts are predicting as early as 2015. Check out this story by CNNMoney: A new housing boom
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Could housing prices return to those seen during the housing bubble’s peak? If so, how soon? Some analysts are predicting as early as 2015. Check out this story by CNNMoney: A new housing boom
Jay
ok, a little off subject. Have you seen the new property tax rates assessed for next year. Wow, my neighborhood dropped like a rock, after climbing a little this year. I am glad my taxes are going down, but I did expect another little rise in value. Now what is the county going to do, with lower tax revenue.
Sully
“But while many economists believe this emerging housing recovery will produce only slow and modest improvement in home prices, construction and jobs, others believe the rebound will be much stronger.”
Are these the same guys that said there was no housing bubble and when confronted with the actual fact claimed there was no possible way to foresee this coming?
Matthew
Don’t fight the fed.
Buy the bubbles, but get out before the other suckers.
tyler
Hopefully this news indeed turns out to be true. At least, it is a great sign that things are moving in this direction.
lurker
Jay,
Wish I had that problem….
Carlo
Uh huh, allow me to paraphrase the founder of this blog, Diane Cohn, circa 2006………
better buy now or get priced out forever.
Twister
From what I’ve read about her, she priced herself right into a foreclosure and a serious downward spiral. She paid the price for selling the lie but others did too because they blindly followed her. Word to the wise…think for yourselves.
MikeZ
I clicked on your name … “Page not found.”
MikeZ
“Could housing prices return to those seen during the housing bubble’s peak? If so, how soon? Some analysts are predicting as early as 2015.”
50-60% price inflation in 3 years? Impossible. Maybe 10-15-20 years out, but we’ll need a real recovery with good jobs first.
Matthew
@MikeZ, the prices mean nothing when the capital to purchase is provided by government.
Sully
Yeah Mike, just like the unemployment rate suddenly dropped to 7.8% two days after Obama’s poor showing in the first debate. 🙂
Mark M
I wish this recovery is true. I got two houses I need to sell now…