David Bruce

January 23rd, 2009

Has The Market Hit Bottom Yet?

I read a great article today by Melissa Dittmann Tracey on the Daily Real Estate News titled “Has The Market Hit Bottom Yet?”  Enlightening about the forecast for 2009. Sounds like the bottom is in sight but we haven’t quite hit it yet!  There are signs of a turnaround coming!

Daily Real Estate News- January 21, 2009 Has the Market Hit Bottom Yet?  By Melissa Dittmann Tracey

LAS VEGAS – The sluggish housing market will likely hit bottom in 2009 before picking up slightly by year’s end, economists said Tuesday in a Housing Economic Outlook press conference at the International Builder Show.

Chief Economists David Crowe of the National Association of Home Builders, David Berson of the PMI Group, and Frank Nothaft of Freddie Mac offered up their forecasts for the housing market for 2009.

Click on this link to read entire article: http://www.realtor.org/RMODaily.nsf/pages/News2009012102?OpenDocument&WT.cg_n=RMO&WT.cg_s=RSSDaily

This entry was posted on Friday, January 23rd, 2009 at 6:03 pm and is filed under Real Estate News and Statistics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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