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The move-up market will suffer for another decade

By golfplan18   Follow   Mon, 28 Jan 2013, 11:07pm PST   344 views   2 comments
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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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Oil Can   Mon, 28 Jan 2013, 11:40pm PST   Share   Quote   Permalink   Like   Dislike     Comment 1

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

inflection point   Tue, 29 Jan 2013, 12:38pm PST   Share   Quote   Permalink   Like   Dislike     Comment 2

smart people will never trust government or the media again.

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