If you are reading this on our site, the post immediately below this one (“Housing Market Near Bottom?”) is about a neutral to upbeat outlook on the housing market.
Taking a different view is Dean Baker, co-director of the Center for Economic and Policy Research. He says that adjusted for inflation, housing prices are still 15 to 20 percent higher than they were in the mid 90’s. He went on to say, “If anything, I expect housing to be weaker than normal rather than stronger over the next decade.”
Don Grafues
Resource: REALTOR.org
Resource: REALTOR.org
