How good is your crystal ball? Here are five predictions that are extracted from the full text of this message.
- Fiserv Lending Solutions predicts that home prices will decline 11.3 percent.
- Moody’s Economy.com foresees another 8 percent drop with Arizona feeling even more pain.
- Shari Olefson, author, predicts a decline of about 10 percent.
- Peter Schiff, president of Euro Pacific Capital says prices could fall 30 percent.
- NATIONAL ASSOCIATION OF REALTORS® Chief Economist Lawrence Yun predicts home prices will rise more than 3 percent.
Reality will be whatever it is. Predictions such as these just lead to more confusion, gloom or false expectations.
Don Grafues
Resource: realtor.org
Resource: realtor.org
