Housing Market Predictions 2012
Analysts at Barclays Capital believe that the United Sates will see a housing rebound in 2012. The two statistics which have helped them come to this conclusion is the improving jobs numbers and secondly they predict that the price of distressed properties will have stabilized with out government support.
Stephen Kim says:
That even with out a government subsidy the price for non-distressed homes have stabilized for almost a year. Claiming this is the most important trend in the industry right now. The significance of this is increased because over all prices have been declining, increasing the gap between distressed and non distressed assets.
Higher home buyer traffic, increased job creation and housing starts are all pointing to an increase in the real estate sector in 2011.
To close Kim said the only thing holding back the recovery is when home buyer decide it is safe to enter the market again.
For more information visit: http://www.housingwire.com/2011/12/05/barclays-analyst-sees-housing-rebound-coming-in-2012?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
