Posted by: union03g | January 2, 2010

Excessively Positive Housing Outlook From RadarLogic

Below is an extremely positive Real Estate outlook from RadarLogic Inc. They believe 2010 will usher in stabilized housing economics and rising RE values. They have put a positive spin on all major points of distress in our economy. I sure hope they are right.

“NEW YORK, NY – December 17, 2009 – Predictions of a second collapse of the housing market are exaggerated, according to the October 2009 RPX Monthly Housing Market Report released today by Radar Logic Incorporated. Radar Logic argues that housing demand is currently strong, with home sales outperforming historical trends for this time of year, and low home prices will keep demand strong in 2010. Government incentives will continue to support demand well into next year, and after unemployment peaks, perhaps in the second or third quarter, increased stability in household incomes will provide further support to housing demand.”

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