Thursday, July 16, 2015

WHERE REAL ESTATE PRICES ARE HEADED.......

WHERE REAL ESTATE PRICES ARE HEADED

The bounce in real estate into 2015 that our model projected was the higher end, not the low-end, as was the case in 2007. So far, everything seems to be on target. The overall long-term decline will be impacted by the reduction in long-term mortgages combined with insane increases in property taxes as governments try to stay afloat. NOT TO MENTION A LACK OF GOOD JOBS AND RISING INTEREST RATES.  I WOULD BET THIS CHART IS CLOSER TO BEING RIGHT RATHER THAN MORE 
WRONG.

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