Week 7 Discussion Forcasting 3

Week 7 Discussion Forcasting 3 - Most experts still believe...

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The forecast seems to fit the article I found. Until the last few months Miami’s housing market plummeted hard. Recently due to the extremely low cost of condominiums, buyers were steering clear of Miami, but that is slowly starting to change. One challenge buyers are still facing is finding someone to finance the loans to buy a condo. Many companies are leering due to recent trends. Miami’s market it far from normal and it will surely take years to repair and restore.
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Unformatted text preview: Most experts still believe that the values will fall another 10% in 2009 before stabilizing. For now many seem to be taking advantage of the low prices and trying to become buyers in Miamis current housing market state. Source: http://money.cnn.com/2009/04/09/real_estate/miami_housing_prices/index.htm...
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This note was uploaded on 03/26/2012 for the course ECON GM545 taught by Professor Gotches during the Summer '11 term at Keller Graduate School of Management.

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