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The move-up market will suffer for another decade

By golfplan18   Follow   Tue, 29 Jan 2013, 7:07am   243 views   2 comments
In Irvine CA 92620   Watch (0)   Share   Quote   Permalink   Like (1)   Dislike

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

    21 threads
    Oil Can's website

    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

    4 threads
    Fremont, CA

    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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