Monday, March 15, 2010
Better days are anticipated in the housing market as some of the nation's top economists believe that the housing industry has turned favorably. Hurdles in the industry like rising interest rates would be overcome by the increase in jobs, credit and affordable homes. The housing marketing would be pushed towards recovery by the expiration of the Federal stimulus program, says Dean Maki, chief U.S. economist for Barclays Capital.
According to Karl Case, co-creator of the S&P/Case-Shiller Home Price Index and a professor of economics at Wellesley College, the improvement in the housing market are at the bottom level and more development would be seen in the coming months.
Bruce Kasman, chief economist at JPMorgan Chase & Co says that the underlying trend in the industry is turning positive.
According to Karl Case, co-creator of the S&P/Case-Shiller Home Price Index and a professor of economics at Wellesley College, the improvement in the housing market are at the bottom level and more development would be seen in the coming months.
Bruce Kasman, chief economist at JPMorgan Chase & Co says that the underlying trend in the industry is turning positive.



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