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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Hot Property Historic 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 |
We want to thank our customers. We’ve been very fortunate to have great customers. Selling your home? Realtors pick nine green improvements to close deal 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. WASHINGTON - Sept. 1, 2009 - Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors® (NAR). Office prices rise for the first time in two years FINALLY! New rules to safeguard the integrity of home appraisals are complicating the deals they’re supposed to protect. Real estate agents, mortgage brokers and buyers, as well as homeowners who want to refinance their loans, are feeling the effects of rules designed to prevent inflationary appraisals that helped fuel the housing boom. |
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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