Everyone is always asking me, "Marti, how's the real estate market?" or "Marti, have we hit bottom yet in real estate?"
Well, take it from me and the experts like Dr. Alex Villacorta, Morgan Stanley, and Doug Duncan who are saying that we are turning the corner in housing recovery. Don't just take my word for it! The numbers speak for themselves.
2. Existing Sales Report
12,247 Homes
Sell Every Day
and 8,940 Buyers
Receive a Mortgage
NAR 8/2012
3. Housing Recovery
“Home price trends provided further evidence
that housing has turned the corner, with the
momentum of the recovery picking up speed…
right now the market is the strongest it’s been
since the start of the downturn, and barring a
major economic meltdown, we expect to see this
organic growth sustain and strengthen through
the end of the year.”
Dr. Alex Villacorta, Director of Research and Analytics at Clear Capital
Clear Capital 7/10/2012
4. Housing Recovery
“In terms of its contribution to real
GDP, residential fixed investment has been
a positive - albeit modest - force over
the most recent four quarters,
marking its longest span of
back-to-back positive
results since 2005.”
Morgan Stanley
Morgan Stanley 7/2012
5. Housing Recovery
“Housing continues to be a bright spot
as news from the housing market has
been relatively upbeat, presenting a
rare upside boost to the economy.”
Doug Duncan
Fannie Mae Chief Economist
Fannie Mae 7/23/2012
6. EXPERTS SAY HOUSING PRICES ARE ABOUT TO TURN
Each quarter, Pulsenomics surveys a “distinguished panel of over 100
economists, investment strategists, and housing market analysts regarding their 5-year
expectations for future home prices in the United States.”
Here are the results of their latest survey:
Price appreciation/depreciation expected over the next five years:
The average pre-bubble (1987-1999) annual appreciation was 3.6%
7. Return on Investment
50
January 2000 – September 2012 42
30
19.7
10
1
-10
-22
-30
-50
Dow S&P NASDAQ Real Estate
MSN Money.com, Case Shiller
8. Marti Hampton
100 Lynn Road
Raleigh, NC 27609
Marti@Martihampton.com
Martihampton.com
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