Real Estate Deals – Find Assignment Real Estate Transactions!

What people say about housing market!

Positive Signs in Real Estate Outlook

Destin, FL (PRWEB) September 2, 2008

Despite having few signs of stabilizing, the U.S. housing market won’t trigger the national economy to fall into an overall economic depression, providing a rare positive sign in the nation’s real estate crisis, according to a new report by Housing Predictor.

The positive news is provided by real estate analysts, who spent more than two months compiling data and pouring over it to determine their findings for the forecast. Housing Predictor forecast the nation’s foreclosure epidemic and the housing depression long before either became a reality in the day’s headlines.

In fact, the likelihood of a Great Depression occurring like that of 1929 when the stock market crashed and unemployment hit 25% is so remote that analysts aren’t even providing a percentage. Signs of an improving housing market are beginning to appear, and should become apparent in 2009 in the majority of housing markets.

Housing Predictor profiles the nation’s economy and its study in a new online report. As the majority of housing markets struggle through the worst real estate deflation since the Great Depression, more and more people are turning to Housing Predictor for its forecasts. More than 250 local housing markets are forecast on an annual basis on the web site in all 50 states.

Financial markets all over the world have been severely impacted by the credit crisis, which has sent stock prices to near record lows in many cases and caused the largest increase in U.S. bankruptcies since the early 1990′s. The epidemic of foreclosures has topped 3-million units nationwide since the housing crisis started more than a year ago.

Record high housing inflation sent markets to all-time home prices, but many markets have already suffered from deflation as much as 60% in home values from their highs. However, despite the doldrums some rare markets are still experiencing appreciation, which are profiled in Housing Predictor’s Top 25 markets.

Some housing markets are beginning to approach their bottoms from an economic point of view as the commercial real estate market begins to unwind with falling values. The crisis in the commercial real estate market is only beginning to unfold.

Read the entire report, check market forecasts and search for foreclosures at http://www.housingpredictor.com.

# # #

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Check this out!

Share/Save

What people say about “homes for sale”!

Paso Robles, CA (PRWEB) April 29, 2010

Leading Paso Robles, CA real estate specialist Gary Boatman reports that home sales are picking up somewhat in Paso Robles and San Luis Obispo County as a whole, indicating that the market could be taking its first steps towards recovery. The drop in home prices, as well as the currently still-low interest rates, has been enticing bargain hunters to invest in Templeton, CA homes for sale and Atascadero, CA homes for sale.

“We have been seeing heightened buyer activity again in San Luis Obispo,” says Boatman, “and while I wouldn’t call it a recovery as such, it does show that buyers are realizing that there are many good deals out there right now.” A Paso Robles native, Boatman has been representing home buyers and sellers in the region for more than 20 years, specializing in single-family homes, luxury estates, and ranch properties.

With inventory high and prices and mortgage interest rates low, the market is ideal for buyers looking to stretch their dollar further. According to data from Trulia, the number of home sales in Paso Robles has been on an upward trend since January of 2008. The median sales price from January to March 2010, meanwhile, declined by 1.7 percent as compared to that of the last quarter.

“Real estate market trends are difficult to predict given that they are affected by so many factors,” says Boatman, “but the one thing you can be sure of is that the value of real estate here in Paso Robles and San Luis Obispo County is sure to rise in the years to come. The quality of life here is exceptional, plus this is becoming one of the country’s – and the world’s – premier wine regions.”

For more information on real estate in Paso Robles, Atascader, Templeton and other San Luis Obispo communities, visit Boatman’s website, www.GaryBoatman.net.

###

Check this out!

Share/Save