Monday, November 16, 2009

Realtors see sunnier 2010

Posted By: Nicole Nelson

Scott Van Voorhis

OK, here’s one that is sure to get all the housing bears out there feeling downright surly again.

Lawrence Yun, the association’s chief economist, made the sure- to- be-controversial predictions to the faithful assembled at NAR’s annual convention in San Diego last week.

He also noted foreclosures will top out in the first half of next year and the “fear factor’’ of falling prices that has put such a damper on the market will fade.

I guess you have to hand it to Yun, if nothing else, he’s not afraid to stick his head out there.

Still, given some of notoriety the real estate trade group earned for some of its predictions during the bubble years, this is risky territory.


  1. This is a great article, it is about time we start seeing some positive articles about the housing market. Let us hope this rate keeps rising!
    Posted By: Sara Sindelar

  2. There's a lot of information here that will be very useful. Thanks for sharing this.