News & Press Release Distribution Service
Home prices to inflate 4 percent, home resales to rise in 2010
2009-11-14 21:33:46 (GMT) (Caymanmama.com - Real Estate News News)
Dallas, Texas (CaymanMama.com) — The housing market continues its effort for recovery under the pressure of the sagging economy.
Lawrence Yun, chief economist for the National Association of Realtors reports that home prices will go up by 4 percent in 2010, as home resales will continue on the upswing as the the market tries to recover.
Yun offered his prediction for next year on Friday during the association’s annual conference and expo in San Diego.
He foresees that home resales will reach 5.7 million next year, a rise from a projected 5 million in 2009.
According to the Associated Press, “He sees unemployment peaking at 10.5 percent before dropping down to around 9 percent this time next year.”
Mortgage rates, in the interim, will average approximately 5.7 percent.
CaymanMama.com - Press Release Distribution Service
Comments
Articles
- Engage Potential Clients with Law Firm Video Marketing
- Make Social Network Connections Work For Your Law Firm
- Social Media Marketing is One Party Lawyers Don’t Want to Miss
- Well Designed Law Firm Landing Pages Make Website Traffic Count
- Key Social Media Marketing Points for Legal Professionals
- Legal Blogging to Get Ahead
- The Power of Twitter SEO for Lawyer Marketing
- Social Media Success For Lawyers Who Measure Twitter Influence
- Facebook Profiles vs Pages for Law Firms Explained By Lawyer Marketing Company
- Blogging Benefits For Small Law Firms and Solo Attorneys
