The U.S. housing market could rebound this year….

From http://www.realtor.org/

Housing Improvement Will Be Gradual
 

The U.S. housing market could rebound this year even as foreclosures continue to dog the industry.

Fannie Mae expects home prices to start to rise in the third quarter, the Chicago Fed projects real residential investment to jump 9.6 percent, and the Mortgage Bankers Association and the National Association of REARLTORS® anticipate higher home sales and construction in every quarter.

Even so, analysts agree that any housing comeback will not be strong enough to have much of an impact on U.S. economic expansion this year.

Source:“Housing’s Anemic End to Five-Year Slump Means Little Boost to U.S. Economy,”Bloomberg,(Jan. 12, 2011)

© Copyright 2010 Information Inc.

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About Debbie Robinson, REALTOR®

Selling Real Estate in Northeast Georgia from Braselton to Lake Hartwell since 1997. Graduated from the University of Georgia in 1980.
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