All Posts Tagged With: "forecast of national property values"
The U.S. housing market is riddled with massive risks which will almost certainly lower prices.4Dec2010 | MichaelWhite | 3 comments | Continued
Three months of readings after the end of free down-payments, the inventory of purchase contracts rose just 5.25%. The inventory is still is at a record low with the exception of the two previous months – each of which were record lows in themselves.3Sep2010 | MichaelWhite | 2 comments | Continued
Since I began in August to forecast a continuation of falling values, frequently I met with anger, disbelief, myopia. This week I wanted to take a closer look. So I pulled out one of the best number sets, and applied my crude math in exactly the same way I always do, but I did a close up on five years of data before and after the peak. The result is the chart you see below.9May2010 | MichaelWhite | 7 comments | Continued
The New Observations quarterly forecast of property values estimates a loss in values this year of 13 percent – a slight uptick from the 12% loss forecast at the beginning of the year.8Apr2010 | MichaelWhite | 0 comments | Continued