In recent months, economists have had the unenviable task of trying to calculate the direction the housing market is likely to take, factoring in things like unemployment rates, population and immigration figures, economic growth, mortgage rates, and that most nebulous of criteria, consumer confidence.
Archive for December 6th, 2008
Making sense of today's housing market
December 6th, 2008 
admin 
Posted in Market Updates 
Tags: british columbia, consumer confidence, david watt, decrease, easy answers, first time buyers, First-time, global economies, global financial markets, Homeowners, Housing, housing price index, housing sales, HPI, immigration, kitchen tables, lower mainland, Market, mls statistics, mortgage, mortgage payment, mortgage rates, population, price, price reductions, public perception, quality real estate, relation, residential home sales, U.S., uncertain times, unemployment rates, unprecedented growth 
Comments OffGet ready for real estate rebound
December 6th, 2008 admin Will 2009 boom or will it be more doom and gloom? Now you’re probably thinking: “A real estate boom in 2009? You’ve got to be kidding!” While the market may not exactly boom in 2009, there are a number of factors that may signal a dramatic improvement over the next 12 months. Here’s what’s happening [...]
Posted in Market Updates Tags: Association, california association of realtors, cycle california, DECEMBER, doom and gloom, downward trend, dramatic improvement, excessive inventory, financial meltdown, increase, keller williams, market values, mike kelly, naysayers, Northridge, northridge earthquake, real estate boom, Realtors, riverside county, southern california market, tailspin, upswing, ventura county, williams sonoma Comments Off
