Real Estate Forecast Article ...

Cira Posted: Feb 03, 2003 10:22 PM

Real Estate Forecast Article ...

I figured that since I haven't posted one of these articles in awhile and there seems to be such a great interest in the subject ... here goes!

Will real estate stay hot in 2003

Sales were gangbusters in 2002, should be strong in 2003. But a big budget deficit could do it in.
January 28, 2003: 11:56 AM EST
By Sarah Max, CNN/Money Staff Writer

curly2003 Posted: Feb 03, 2003 10:46 PM

Re: Real Estate Forecast Article ...

Thank you Cira.

Teri Posted: Feb 04, 2003 09:30 AM

Re: Real Estate Forecast Article ...

NOOOOO!!!! I was waiting for the market to slow down this year!!! Well, anything is possible - and I have seen a small change recently - houses on the market for longer, and a few (insanely overpriced) are actually reducing their asking prices. Maybe there's hope for us potential buyers after all....

Claud2001 Posted: Feb 04, 2003 10:45 AM

Re: Real Estate Forecast Article ...

Cira, thanks for sharing this article. I think it's a good representation of all the different economical, political and demographical factors that impact the real estate market.

Cira Posted: Feb 04, 2003 01:10 PM

Re: Real Estate Forecast Article ...

I'm glad and Teri, I know and feel your pain! The Real Estate market is hard to predict, so any analyst's projections can be off ... they are ... just that ... projections!