The move-up market will suffer for another decade


By golfplan18   Follow   Tue, 29 Jan 2013, 7:07am   266 views   2 comments
In Irvine CA 92620   Watch (0)   Share   Quote   Permalink   Like (1)   Dislike  

http://ochousingnews.com/news/the-move-up-market-will-suffer-for-another-decade?source=Patrick.net

Everyone is cheering the bottom of the housing market, and the false assumption is that all properties will rise in price at a rapid rate as housing “recovers.” Properties priced below the conforming limit will almost certainly continue to rise thanks to restricted inventory and record-low interest rates, but the move-up market is a different story entirely.

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  1. Oil Can


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    1   7:40am Tue 29 Jan 2013   Share   Quote   Permalink   Like   Dislike  

    If the Fed limits deductions, then I think much longer.

  2. inflection point


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    2   8:38pm Tue 29 Jan 2013   Share   Quote   Permalink   Like   Dislike  

    smart people will never trust government or the media again.

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