Buffett predicts downturn will end in 2011
NEW YORK - March 2, 2010 - Billionaire investor Warren Buffett predicted that the real estate market downturn would end by 2011 as the housing inventory declines.
“Within a year or so, residential housing problems should largely be behind us,” Buffett wrote in his annual letter to the shareholders of [...]
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Short sales leave frustration in their wake RISMEDIA, September 8, 2009-House prices in the U.S. continued to depreciate in the second quarter 2009 but at a much more moderate rate compared to the fourth quarter 2008, the peak of the collapse in home prices, according to a quarterly housing valuation analysis by IHS Global Insight. Prices fell at a 2.7% annualized rate [...] Make no bones about it, with respect to our real estate market, that was then and THIS is NOW. As with any commodity market, values change. In the grand scheme of things, real estate is just that, a commodity. Florida’s existing home sales rose in June - the 10th consecutive month that sales activity showed gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Statewide sales in June also increased over the previous month’s sales level in both the existing home and existing condominium [...] The upside of Florida real estate: 15 market positives WASHINGTON – Feb. 17, 2009 – How does a first-time homebuyer take advantage of the $8,000 tax credit that President Obama is expected to sign into law tomorrow? It comes with a few rules. According to the most recent analysis, the following rules will apply – though things could change as tax professionals weigh the [...] WASHINGTON – March 17, 2009 – The number of new housing projects that builders broke ground on in February rose sharply, defying economists’ forecasts for yet another drop in activity. ORLANDO, Fla. – Feb. 25, 2009 – Florida’s existing home sales rose in January, making it the fifth month in a row that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Existing home sales rose 24 percent last month with a [...] The last week in January 2009 saw a substantial slowing of falling prices for existing homes in Tampa Bay. |
Featured PropertyHistoric Alafia River - 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!2.5 acres of Beautiful Riverfront - Natural, peaceful and still close to everything For Sale $249,900 |
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