Outlook for the Housing Market
Wachovia has just released their latest "Regional Economic Review" showing their outlook for the housing market.
Their conclusion states: "There is little doubt that the housing boom has ended. Homse sales have declined, inventories of unsold homes have increased, and buyer traffic through model homes and mortgage applications have both decreased. ....We expect sales of new and existing homes to fall 20 percent over the next two years."
If you would like a copy of the ful 12 page report email to you just send me an email asking for the "Wachovia Report". Contact me at:
http://www.bradentonrealestate.com/index.php?fuseaction=site.contact
Their conclusion states: "There is little doubt that the housing boom has ended. Homse sales have declined, inventories of unsold homes have increased, and buyer traffic through model homes and mortgage applications have both decreased. ....We expect sales of new and existing homes to fall 20 percent over the next two years."
If you would like a copy of the ful 12 page report email to you just send me an email asking for the "Wachovia Report". Contact me at:
http://www.bradentonrealestate.com/index.php?fuseaction=site.contact
posted by Dan Forbes at
2:42 PM
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